The invention discloses a high-ductility cement-based composite material for repairing a hydraulic concrete structure. The cement-based composite material is prepared from the following components in parts by mass: 20 to 60 parts of cement, 0 to 80 parts of fly ash, 0 to 80 parts of pulverized slag powder, 5 to 10 parts of light-weight calcium powder, 1 to 5 parts of nanometer SiO2, 25 to 40 parts of a fine aggregate, 20 to 40 parts of water, 0.1 to 1 part of a water reducing agent and 0.5 to 2.5 parts of polyvinyl alcohol fibers. According to the high-ductility cement-based composite material for repairing the hydraulic concrete structure, the air content of a mixture is 7 to 10 percent; at the 28-day age, the uniaxial tensile strain is greater than or equal to 5.0 percent, the cube compressive strength is greater than or equal to 60MPa, the frost resistance is greater than or equal to F500, the sulfate corrosion resistance is greater than or equal to KS300, the chloride ion penetration resistance DRCM is less than or equal to 2.0*10<-12>m<2>/s, and the tensile bonding strength with base structure concrete is greater than or equal to 5.0MPa. Under the condition of not mixing any air-entraining agent, preservative or thickening agent, the high-ductility cement-based composite material for repairing the hydraulic concrete structure provided by the invention has high durability, enhanced capability in synergistically acting with an existing structure and a remarkable repairing and reinforcing effect.