Dongfang Electric Corporation (600875) Stock Price, Fundamentals & Analysis

What 600875 does

Dongfang Electric Corporation (600875) is a stock listed on the Shanghai Stock Exchange that designs, develops, manufactures, and sells power generation equipment in China and internationally. The company operates across five segments: Renewable Energy Equipment, High-Efficient Clean Energy Equipment, Engineering and Supply Chain, Modern Manufacturing Services Business, and Emerging Growth Industries. It supplies equipment for wind, solar, hydro, nuclear, gas, and thermal power, including hydro-generating units, steam turbine generators, wind power units, power station steam turbines, and power station boilers. In addition, it provides engineering contracting and services to global energy operators, trade and logistics services, chemical containers, energy-saving and environmental protection equipment, power electronics and control systems, and hydrogen energy equipment. It also offers science and technology promotion and application services, heat production, and research and experimental development services, as well as power generators, generating sets, and general equipment. The company was formerly known as Dongfang Electric Machinery Co., Ltd.

Key numbers explained

• 23.5 CNY is the current price, representing the cost of one share in the local currency.
• -1.3% is today's price change, showing the percentage move relative to the previous close.
• 17.9 is the trailing P/E ratio, which divides the current share price by the last 12 months of earnings per share (1.31 CNY). A lower P/E ratio can suggest the stock is priced more conservatively relative to recent earnings.
• 15 is the forward P/E ratio, based on expected future earnings, which can reflect analyst expectations about growth.
• 2.26% is the dividend yield, calculated as annual dividends per share divided by the price (23.5 CNY). It shows the cash return relative to the share price.
• 30% is the share of earnings paid out as dividends, indicating how much of the company's profit is returned to shareholders.
• 0.67 is the beta, a measure of volatility relative to the market; a beta below 1 suggests the stock tends to move less than the broader market.
• 18.73 – 45.38 is the 52-week price range, showing the lowest and highest prices over the past year.

What to watch

• The Shanghai Stock Exchange listing means the stock is influenced by domestic policy, industrial policy, and the broader Chinese equity market environment.
• As a major player in power generation equipment, Dongfang Electric Corporation is exposed to trends in renewable energy buildout, fossil fuel investment, and government infrastructure spending.
• The revenue growth, year over year of -2% and a profitMargin of 5.9% highlight the importance of margin discipline and order flow in the capital-goods cycle.
• The debt-to-equity ratio of 14.6% is a relatively low level of leverage, which can matter for financial resilience during economic cycles.
• Investors tracking Chinese industrials may compare the stock with peers such as Shanghai International Port Group (600018), Sany Heavy Industry (600031), and AVIC Aviation Engine Corporation (600893).
• The stock is part of the CSI 300, a broad Chinese large-cap index, which can affect passive fund flows and index-related trading activity.