Dongfang Electric Corp Ltd operates in the Motors and generators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Dongfang Electric Corp Ltd with three other
electrical equipment manufacturers in Asia:
Wolong Electric Group Company Limited
sales of 10.08 billion Chinese Renmimbi [US$1.46 billion]
of which 36%
was Low voltage motor and drive),
TECO Electric & Machinery Company Limited
(50.94 billion Taiwanese Dollars [US$1.65 billion]
of which 62%
was Motor/Heavy Electric Division), and
Yaskawa Electric Corporation
based in Japan
(394.88 billion Japanese Yen [US$3.55 billion]
of which 46%
was Motion Control).
Dongfang Electric Corp Ltd reported sales of 30.83 billion Chinese Renmimbi (US$4.48 billion)
December of 2017.
decrease of 7.4%
versus 2016, when the company's sales were 33.28 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 53.7% decline
in New Energy, from 13.83 billion Chinese Renmimbi to 6.40 billion Chinese Renmimbi.
There were also decreases in sales in
Engineering and Services (down 3.6% to 4.46 billion Chinese Renmimbi)
Other (down 11.8% to 389.96 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Power Generators Manufacturing (up 9.5% to 32.59 billion Chinese Renmimbi)
Hydropower Generator Manufacturing (up 22.4% to 2.13 billion Chinese Renmimbi)