Dongfang Electric Corp Ltd
SSE:600875
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Gross Margin
Dongfang Electric Corp Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | CN |
Market Cap | 48.2B CNY |
Gross Margin |
17%
|
Country | DE |
Market Cap | 38.2B EUR |
Gross Margin |
13%
|
Country | JP |
Market Cap | 5.4T JPY |
Gross Margin |
29%
|
Country | CN |
Market Cap | 207.3B CNY |
Gross Margin |
26%
|
Country | CN |
Market Cap | 18.8B EUR |
Gross Margin |
16%
|
Country | IN |
Market Cap | 1.5T INR |
Gross Margin |
39%
|
Country | CN |
Market Cap | 124.7B CNY |
Gross Margin |
19%
|
Country | DK |
Market Cap | 100.1B DKK |
Gross Margin |
8%
|
Country | CN |
Market Cap | 13B |
Gross Margin |
22%
|
Country | IN |
Market Cap | 889.9B INR |
Gross Margin |
27%
|
Country | KR |
Market Cap | 14.2T KRW |
Gross Margin |
17%
|
Dongfang Electric Corp Ltd
Glance View
Dongfang Electric Corp Ltd. (DEC) stands as a prominent player in the global energy equipment sector, deeply rooted in the fabric of renewable and conventional energy solutions. Established in 1949, the company has evolved into one of the largest manufacturers of power generation equipment in China, specializing in steam turbines, gas turbines, and hydropower turbines. With a strong emphasis on innovation, DEC has successfully positioned itself at the forefront of renewable energy projects, contributing to China's ambitious goals for sustainable development. As the world increasingly shifts towards cleaner energy sources, DEC is well-poised to capitalize on this trend with its cutting-edge technologies and robust product portfolio, aiming to play a pivotal role in the energy transition. For investors, DEC presents a compelling opportunity in an industry fuelled by global demand for cleaner energy and infrastructure upgrades. The company's ability to leverage its extensive experience and technological prowess to produce high-efficiency, environmentally-friendly equipment has garnered it a reputation for reliability and performance. Moreover, DEC is strategically expanding its international presence, securing partnerships and projects across various geographies, which enhances its growth potential. With the Chinese government's unwavering support for renewable energy initiatives and global efforts to combat climate change, Dongfang Electric Corp Ltd. stands ready to deliver value to its stakeholders while contributing positively to the future of energy worldwide.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Dongfang Electric Corp Ltd's most recent financial statements, the company has Gross Margin of 17%.