Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.
Sector: Mining
RU_SELG
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
| Period | Issues |
|---|---|
| 2023-03-31 Q1 | ✓OK |
| 2023-06-30 Q2 | ✓OK |
| 2023-09-30 9M | ✓OK |
| 2023-09-30 Q3 | ✓OK |
| 2023-12-31 FY | ✓OK |
| 2023-12-31 Q4 | ✓OK |
| 2024-03-31 Q1 | ✗Errors 2 |
| 2024-06-30 Q2 | ✗Errors 2Warn 1 |
| 2024-09-30 9M | ⚠Warn 1 |
| 2024-09-30 Q3 | ✗Errors 1Warn 1 |
| 2024-12-31 FY | ✗Errors 2Warn 1 |
| 2024-12-31 Q4 | ✓OK |
| 2025-03-31 Q1 | ✗Errors 3 |
| 2025-06-30 Q2 | ✗Errors 2Warn 1 |
| 2025-09-30 9M | ✗Errors 1Warn 1 |
| 2025-09-30 Q3 | ✗Errors 2Warn 2 |
| 2025-12-31 FY | ⚠Warn 1 |
| 2025-12-31 Q4 | ✓OK |
Monetary columns are in B RUB, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB RUB | Operating profitB RUB | D&AB RUB | EBITDAB RUB | Net profitB RUB | Operating CFB RUB | Capex + M&AB RUB | AssetsB RUB | EquityB RUB | ROE (annualized) | Net debtB RUB | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | FY 2025 (12M) | PARTIAL | 26.0 y/y 59.5% | 0.3 y/y -97.0% | 2.1 y/y — | 2.3 y/y -84.7% | -4.7 y/y -21.9% | 50.0 | — | 213.0 y/y 18.9% | 10.6 y/y -50.8% | -82.6% | 145.1 | — |
| 2025-09-30 | Q3 2025 (3M) | OK | 33.4 y/y 51.0% | 5.1 y/y 47.1% | 2.5 y/y 1.0% | 7.6 y/y 27.9% | -3.3 y/y 11.9% | -6.2 | -6.6 | 204.1 y/y 32.2% | 13.9 y/y 41.3% | -26.3% | 129.5 | — |
| 2025-06-30 | Q2 2025 (3M) | OK | 14.2 y/y 36.3% | 7.3 y/y — | 2.7 y/y — | 9.9 y/y — | -1.1 y/y 58.8% | -7.0 | -5.1 | 194.9 y/y 20.5% | 19.4 y/y 3.0% | — | 105.9 | — |
| 2025-03-31 | Q1 2025 (3M) | PARTIAL | 14.2 y/y 36.3% | 7.3 y/y — | 2.7 y/y — | 9.9 y/y — | -1.1 y/y 58.8% | -7.0 | -5.1 | — y/y — | — y/y — | — | 80.9 | — |
| 2024-12-31 | FY 2024 (12M) | PARTIAL | 16.3 y/y -13.3% | 9.4 y/y 677.8% | — y/y -17.6% | 15.3 y/y 155.2% | -3.8 y/y -142.2% | 8.7 | — | 179.2 y/y 32.8% | 21.6 y/y -15.7% | -81.5% | 84.6 | — |
| 2024-09-30 | Q3 2024 (3M) | OK | 22.1 y/y 36.9% | 3.4 y/y 49.2% | 2.5 y/y 22.4% | 5.9 y/y 36.7% | -3.7 y/y -40.5% | 3.5 | -4.7 | 154.4 y/y 9.0% | 9.9 y/y -67.2% | -34.8% | 68.6 | — |
| 2024-06-30 | Q2 2024 (3M) | OK | 10.4 y/y -0.7% | 0.0 y/y -97.7% | — y/y — | 0.0 y/y -99.3% | -2.6 y/y 27.9% | 4.0 | -2.7 | 161.6 y/y 7.7% | 18.9 y/y -40.5% | — | 56.1 | — |
| 2024-03-31 | Q1 2024 (3M) | PARTIAL | 10.4 y/y -0.7% | 0.0 y/y -97.7% | — y/y — | 0.0 y/y -99.3% | -2.6 y/y 27.9% | 4.0 | -2.7 | — y/y — | — y/y — | — | 54.1 | — |
| 2023-12-31 | FY 2023 (12M) | OK | 18.8 y/y — | 1.2 y/y — | 4.8 y/y — | 6.0 y/y — | -1.6 y/y — | -0.8 | -1.9 | 134.9 y/y — | 25.6 y/y — | -41.4% | 52.0 | — |
| 2023-09-30 | Q3 2023 (3M) | OK | 16.2 y/y — | 2.3 y/y — | 2.0 y/y — | 4.3 y/y — | -2.7 y/y — | 3.7 | -2.2 | 141.7 y/y — | 30.0 y/y — | -11.5% | 51.0 | — |
| 2023-06-30 | Q2 2023 (3M) | OK | 10.5 y/y — | 0.7 y/y — | 1.7 y/y — | 2.4 y/y — | -3.6 y/y — | 6.5 | -1.8 | 150.1 y/y — | 31.7 y/y — | — | 44.8 | — |
| 2023-03-31 | Q1 2023 (3M) | PARTIAL | 10.5 y/y — | 0.7 y/y — | 1.7 y/y — | 2.4 y/y — | -3.6 y/y — | 6.5 | -1.8 | — y/y — | — y/y — | — | 44.5 | — |
2025-12-31 Q4: Missing metrics: investing_cash_flow.2025-12-31 FY: Missing metrics: investing_cash_flow.2024-12-31 Q4: Missing metrics: investing_cash_flow.2024-12-31 FY: Missing metrics: investing_cash_flow.2025-12-31 Q4: Status PARTIAL (incomplete extraction or legacy OCR warnings).2025-12-31 FY: Status PARTIAL (incomplete extraction or legacy OCR warnings).2025-03-31 Q1: Status PARTIAL (incomplete extraction or legacy OCR warnings).2024-12-31 Q4: Status PARTIAL (incomplete extraction or legacy OCR warnings).2024-12-31 FY: Status PARTIAL (incomplete extraction or legacy OCR warnings).2024-03-31 Q1: Status PARTIAL (incomplete extraction or legacy OCR warnings).2023-03-31 Q1: Status PARTIAL (incomplete extraction or legacy OCR warnings).Quarterly values ($ mln)
Year-over-year change
Net debt / cash ($ mln)
The same staged build as the commodity players: revenue → costs → EBITDA → conservative EBITDA (min of the spot- and 3-yr-average-price cases) → target market cap at the current EV/EBITDA. Costs held flat (a producer has no commodity on the cost side).
USD/RUB: spot 72 vs LTM-avg 80 → ×0.90 (ruble stronger → less RUB revenue); applied to USD-priced commodities (RUB gold left as-is).
Upside (conservative): -90% · spot -26% · 3-yr -90%
How it is calculated — revenue → costs → EBITDA → conservative EBITDA → target market cap
| 1 · Reported baseline (latest FY) | |
| Revenue | 87.9 bln RUB |
| EBITDA | 29.8 bln RUB |
| Cash costs (revenue − EBITDA) | 58.1 bln RUB |
| 2 · Revenue projection | |
| Multiplier — spot | ×0.98 (-2%) |
| = Spot revenue | 86.1 bln RUB |
| Multiplier — 3-yr prices | ×0.88 (-12%) |
| = 3-yr-price revenue | 77.7 bln RUB |
| 3 · Cost projection (held flat) | |
| Cost multiplier | ×1.00 (+0%) |
| = Cash costs | 58.1 bln RUB |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 28.1 bln RUB |
| = 3-yr-price EBITDA | 19.6 bln RUB |
| Conservative EBITDA = min(spot, 3-yr) | 19.6 bln RUB |
| 5 · Valuation → target market cap | |
| EV/EBITDA (current) | 6.3x |
| Target EV = EV/EBITDA × conservative EBITDA | 122.6 bln RUB |
| Net debt | 145.1 bln RUB |
| Target market cap = EV − net debt | 0 mln RUB |
| Current market cap | 41.2 bln RUB |
Upside = target market cap ÷ current − 1 = -90%
Product prices — move vs the LTM average; the 'RUB' columns include the USD/RUB move.
| Commodity | Revenue share | Spot | LTM avg | $ vs LTM | RUB vs LTM (FX) | RUB 3-yr (FX) |
|---|---|---|---|---|---|---|
| Gold (RUB) | 85% | 9 815.00 | 10 047.47 | -2% | -2% | -14% |
No dividend rows found for this issuer.
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)