Dongfang Electric Corp Ltd operates in the Fabricated plate work (boiler shops) sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Dongfang Electric Corp Ltd with three other
cutlery, handtool and hardware manufacturers in Asia:
Suzhou Thvow Technology Co Ltd
sales of 7.71 billion Chinese Renmimbi [US$1.19 billion]
of which 59%
was Construction service),
T. Rad Company Limited
(130.52 billion Japanese Yen [US$1.19 billion]
of which 43%
was Operating Segment-Japan), and
China First Heavy Industries Company
(19.79 billion Chinese Renmimbi [US$3.06 billion]
Dongfang Electric Corp Ltd reported sales of 37.28 billion Chinese Renmimbi (US$5.77 billion)
December of 2020.
increase of 13.5%
versus 2019, when the company's sales were 32.84 billion Chinese Renmimbi.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Dongfang Electric Corp Ltd had sales
of 36.01 billion Chinese Renmimbi.
Sales of Emerging Growth Industry saw an increase
that was more than double the company's growth rate: sales were up
103.1% in 2020, from
3.10 billion Chinese Renmimbi to 6.30 billion Chinese Renmimbi.
Dongfang Electric Corp Ltd also saw significant increases in sales in
Renewable Energy Equipment (up 70.3% to 10.09 billion Chinese Renmimbi)
Modern Manufacturing Service (up 26.7% to 4.91 billion Chinese Renmimbi)
Not all segments of Dongfang Electric Corp Ltd experienced an increase in sales in 2020:
sales of Clean and Efficient Energy Equipment fell 28.1% to 11.15 billion Chinese Renmimbi.