RusGidro

RusGidro

MMOEX:HYDR
0.45
RUB
-0.01
(-1.23%)
9.29P/E
Dec 02Next Earn
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
1.29
1.03
1.01
0.89
0.95
1.02
0.86
0.85
0.87
0.9
0.93
0.96
1.16
1.16
Basic EPS, GAAP
0.11
-0.08
0.06
0.07
0.09
0.11
0.07
0.07
0.01
0.11
0.1
0.05
0.08
0.08
Free Cash Flow per Basic Share
-0.06
-0.08
- -
-0.06
-0.03
0.03
0.02
0.04
- -
0.09
0.05
-0.11
-0.2
-0.2
Dividend per Share
0.01
0.01
0.01
0.01
0.02
0.04
0.05
0.03
0.04
0.04
0.05
0.05
0.05
0.05
Book Value per Share
1.77
1.67
1.53
1.59
1.65
1.39
1.33
1.36
1.34
1.38
1.42
1.41
1.43
1.43
Tangible Book Value per Share
1.75
1.66
1.53
1.58
1.65
1.39
1.33
1.36
1.34
1.38
1.42
1.41
1.43
1.43
Basic Weighted Avg Shares
281,248
290,262
309,874
371,494
364,469
367,138
402,655
422,437
422,437
426,273
435,437
435,435
440,260
438,932
Sales/Revenue/Turnover
362,599
298,805
313,632
329,560
347,512
374,072
348,119
358,770
366,642
382,845
406,033
418,558
510,325
510,325
Operating Margin (%)
16.7
15.38
19.27
15.96
16.37
22.84
23.72
25.86
19.86
24.09
23.06
14.44
19.07
19.07
Depreciation Expense
16,421
18,232
18,218
21,340
22,477
24,130
21,340
22,310
25,686
28,902
31,339
31,633
34,760
34,760
Net Income, GAAP
31,411
-22,631
19,767
25,606
31,539
40,205
26,403
31,229
5,126
46,354
41,602
21,076
33,605
33,605
Effective Tax Rate (%)
27.3
- -
16.64
25.04
27.92
27.89
35.46
33.48
91.82
29.18
23.36
44.7
38.34
38.34
Profit Margin (%)
8.66
-7.57
6.3
7.77
9.08
10.75
7.58
8.7
1.4
12.11
10.25
5.04
6.59
6.59
Working Capital
27,435
-2,446
76,710
26,694
8,974
31,797
3,871
89,324
64,746
58,566
19,286
-9,913
4,727
4,727
LT Debt
102,624
67,283
131,890
119,187
135,179
158,046
90,912
157,948
162,528
129,926
98,602
139,731
292,821
292,821
Total Equity
525,659
540,405
596,707
595,151
613,919
521,581
569,608
586,219
569,875
608,940
629,353
630,191
645,208
645,208
Return on Invested Capital (%)
6.87
- -
7.08
5.22
5.22
8.11
7.39
8.23
0.78
8.37
8.98
4.07
6.52
6.52
Return on Capital (%)
5.8
- -
3.56
4.2
5.16
6.01
4.25
4.52
1.31
6.66
6
3.5
4.82
4.82
Return on Common Equity (%)
6.23
-4.47
3.61
4.42
5.34
7.22
4.93
5.49
0.9
7.96
6.82
3.42
5.4
5.4

Capital Structure

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
69,769
76,833
63,691
LT Borrowings
191,934
236,905
289,483
LT Finance Leases
3,344
3,093
3,338
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
440,934
440,911
440,885
Market Capitalization
380,615
385,092
313,601

Working Capital

RUB

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
169,089
173,599
179,106
Cash, Cash Equivalents & STI
36,312
25,086
32,364
Accounts Receivable, Net
39,122
38,753
47,328
Inventories
50,340
65,649
58,943
Total Current Liabilities
188,242
166,597
174,379
Payables & Accruals
- -
- -
- -
ST Debt
69,769
76,833
63,691
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.99%
1.99%
2.38%
Free Cash Flow
118.71%
809.55%
95.44%
Net Income, GAAP
78.47%
144.11%
59.45%
Sales/Revenue/Turnover
5.2%
7.53%
21.92%
Total Cash Common Dividend
28.25%
16.86%
-2.78%

Quarterly Revenue

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
111,462
93,424
89,557
111,590
406,033
2022
117,578
97,041
87,931
116,008
418,558
2023
141,740
118,994
107,172
142,419
510,325

Quarterly Earnings Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.05
0.05
0.03
- -
0.1
2022
0.05
0.02
-0.01
- -
0.05
2023
0.06
0.05
0.02
- -
0.08

Quarterly Dividends Per Share

RUB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
0.05
- -
0.05
2022
- -
- -
0.05
- -
0.05
2023
- -
- -
0.05
- -
0.05

Company Description

CEO
Viktor Viktorovich Khmarin
Full Time Employees
5,168
Sector
Utilities
Industry
Electric utilities
Address
7 Malaya Dmitrovka Street Moscow MC Russian Federation 127006
IPO Date
Mar 13, 2008
Business
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (RusHydro) operates as Russia's largest hydroelectric power generating company and a global leader in hydropower, producing electricity from renewable sources including hydro, solar, wind, and geothermal energy; it transmits, distributes, and sells electricity and heat primarily within Russia, with an installed generation capacity exceeding 38 GW across more than 400 facilities spanning multiple regions, including significant operations in the Far East where it develops thermal power plants, grids, and decentralized renewable projects. Founded in 2004 and headquartered in Moscow, the company manages subsidiaries in energy supply in regions such as Krasnoyarsk Territory, Chuvashia, and Ryazan; design, research, repair, and construction institutes; and engineering services for equipment modernization, reconstruction of hydraulic structures, and research in power technologies like digital twins, IoT platforms, and AI-based decision systems. RusHydro targets industrial, residential, and commercial customers in the Unified Energy System of Russia, with strategic emphasis on Far East infrastructure including the ongoing construction of Ust-Srednekanskaya HPP (570 MW), expansions at Yakutsk GRES-2 and Neryungrinskaya GRES, and new small HPPs like Bashennaya and Cherekskaya; recent developments encompass commissioning the largest hydropower station in Chechnya in 2025 to supply over 10,000 residents, comprehensive modernization of eight hydroelectric units totaling 511 MW in 2024, a carbon units purchase-sale contract with Norilsk Nickel in late 2024, and an investment program through 2028-2029 for 2.4 GW new capacity, over 2,600 Gcal/h thermal capacity, and thousands of kilometers of grid upgrades.