Rio Paranapanema Energia S.A.

Rio Paranapanema Energia S.A.

GEPA3.SA
Rio Paranapanema Energia S.A.BR flagB3 S.A.
33.20
BRL
-0.80
- -
3.14BMarket Cap
Rio Paranapanema Energia S.A.
GEPA3.SA
(B3 S.A.)

Recent

price

33.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.13
10.14
11.68
12.88
12.95
12.88
14.12
15.39
13.97
14.64
15.37
14.26
14.5
14.74
- -
- -
1
Revenue per Share
1.91
2.98
3.44
4.43
1.01
1.93
3.82
2.58
2.71
2.61
7.43
-0.09
2.58
3.62
- -
- -
0.19
Basic EPS, GAAP
4.34
4.47
6.09
6.55
3.9
5.12
7.51
5
3.42
6.28
4.99
-8.86
4.51
5.64
- -
- -
0.7
Free Cash Flow per Basic Share
2.21
3.02
4.27
3.78
5.12
2.02
3.59
3.66
2.58
2.55
1.33
2.94
1.34
0.81
- -
- -
- -
Dividend per Share
21.84
18.12
15.14
14.18
8.89
8.89
8.89
8.89
8.89
8.89
8.89
8.89
8.89
8.89
8.89
- -
10.25
Book Value per Share
34.03
29.52
25.76
25.3
19.46
18.88
18.46
17.56
17
16.16
10.98
11.58
11.96
12.25
10.67
- -
-0.79
Tangible Book Value per Share
94
94
94
94
94
94
94
94
94
94
94
94
94
94
94
94
94
Basic Weighted Avg Shares
862
958
1,103
1,216
1,223
1,216
1,333
1,453
1,319
1,382
1,451
1,347
1,369
1,392
- -
- -
95
Sales/Revenue/Turnover
42.84
48.58
49.33
57.15
39.76
37.46
46.86
25.94
36.98
33.19
92.99
12.63
35.06
35.54
- -
- -
57.99
Operating Margin (%)
235
231
223
217
217
214
225
224
213
221
219
283
278
266
- -
- -
19
Depreciation Expense
181
281
325
418
286
183
361
244
256
246
702
-9
243
342
- -
- -
18
Net Income, GAAP
31.02
24.65
26.5
29.72
27.72
28.38
27.47
23.47
25.61
26.12
30.13
- -
25.3
25.2
- -
- -
34.33
Effective Tax Rate (%)
20.93
29.36
29.43
34.39
23.35
15.02
27.08
16.78
19.4
17.82
48.37
-0.65
17.77
24.54
- -
- -
18.63
Profit Margin (%)
288
- -
-305
37
-82
-97
-319
-429
-202
-431
-986
-579
-586
-609
-544
- -
-1,172
Working Capital
746
721
604
862
1,153
1,251
1,012
1,128
1,300
1,017
698
912
707
429
619
- -
620
LT Debt
3,254
2,825
2,468
2,423
1,870
1,814
1,772
1,694
1,635
1,551
1,912
1,908
1,872
1,822
1,595
- -
1,356
Total Equity
6.43
9.04
11.29
13.66
10.22
9.93
13.16
8.28
10.75
10.83
30.77
- -
11.72
13.31
- -
- -
1.42
Return on Invested Capital (%)
10.99
12.74
15.97
19.99
16.65
13.2
20.34
14.09
14.18
13.62
52.83
- -
19.88
25.67
- -
- -
1.75
Return on Capital (%)
8.89
14.91
20.68
30.22
8.74
21.77
43.03
29.06
30.5
29.36
83.64
-1.05
28.99
40.71
- -
- -
1.84
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
426
- -
684
LT Borrowings
619
- -
620
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
94
- -
94
Market Capitalization
3,201
2,833
3,116

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
297
- -
523
Cash, Cash Equivalents & STI
136
- -
258
Accounts Receivable, Net
142
- -
248
Inventories
- -
- -
- -
Total Current Liabilities
1,393
- -
1,695
Payables & Accruals
- -
- -
- -
ST Debt
426
- -
684
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
321
280
287
-888
- -
2025
349
298
298
-946
- -
2026
444
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
0.61
0.45
- -
- -
2025
1.03
0.69
0.35
- -
- -
2026
1.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
1.33
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Rio Paranapanema Energia S.A. (GEPA3.SA) engages in the generation and sale of electricity in Brazil, primarily through the operation of eight hydroelectric power plants and two small hydroelectric plants located along the Paranapanema River basin and the Sapucaí-Mirim River, including key facilities such as UHE Capivara (643 MW), UHE Taquaruçu (525 MW), UHE Rosana (354 MW), UHE Chavantes (414 MW), UHE Jurumirim (100.9 MW), UHE Canoas I (82.5 MW), UHE Canoas II (72 MW) and UHE Salto Grande (73.8 MW), as well as PCH Palmeiras (16.5 MW) and PCH Retiro (16 MW), delivering a total installed capacity of approximately 2,265 megawatts of renewable energy to industrial, residential, commercial and other consumers predominantly in Brazil's southeastern region. Founded in 1999 and headquartered at Rua Funchal, 418, 2nd floor, Vila Olímpia in São Paulo, Brazil, the company serves as a subsidiary of Rio Paranapanema Participações S.A., which falls under the control of China Three Gorges Corporation (CTG) through Luxembourg-based entities holding 67% of voting capital since its acquisition from Duke Energy International in December 2016, with the remaining 33% owned by Huikai Clean Energy S.A.R.L., a Chinese investment fund. Formerly known as Duke Energy International, Geração Paranapanema S.A., it changed its name in January 2017 as part of post-acquisition restructuring; more recently, in January 2019 it completed an internal group reorganization to streamline its structure without altering ownership, approved intercompany service agreements in February 2019 with sister CTG subsidiaries like Rio Paraná Energia S.A., Rio Canoas Energia S.A. and Rio Verde Energia S.A. to enhance operational synergies, and continues to manage a contractual obligation with the State of São Paulo to expand installed capacity by 15% or 322.7 MW stemming from the original privatization terms, while reporting solid financials including trailing twelve-month revenue of BRL 1.25 billion and net income of BRL 455 million as of mid-2025 alongside a recent dividend declaration payable December 31, 2025.