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:
Yaskawa Electric Corporation
sales of 411.26 billion Japanese Yen [US$3.87 billion]
of which 46%
was Motion Control),
Wolong Electric Group Company Limited
(8.90 billion Chinese Renmimbi [US$1.41 billion]
TECO Electric & Machinery Company Limited
based in Taiwan
(49.92 billion Taiwanese Dollars [US$1.71 billion]
of which 61%
was Motor/Heavy Electric Division).
Dongfang Electric Corp Ltd reported sales of 33.28 billion Chinese Renmimbi (US$5.26 billion)
December of 2016.
decrease of 7.6%
versus 2015, when the company's sales were 36.01 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 33.9% decline
in Hydropower Generator Manufacturing, from 2.64 billion Chinese Renmimbi to 1.74 billion Chinese Renmimbi.
There were also decreases in sales in
Power Generators Manufacturing (down 19.0% to 29.76 billion Chinese Renmimbi)
Engineering and Services (down 15.3% to 4.62 billion Chinese Renmimbi)
Unallocated Item (down 30.2% to 442.14 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
New Energy (up 65.8% to 13.83 billion Chinese Renmimbi)