Angang Steel dropped into Friday's close at HK$0.995, with the stock down roughly 19% over the past three months, just as fresh Q3 2026 numbers hit the tape. Traders saw another quarter of red ink, including a reported loss of CNY 1,987 million and basic earnings per share of CNY 0.213677 in the red. That is the short-term pain. The bigger story now sits in the multi-year picture, where forecasts currently point to ongoing losses and a discounted cash flow model value below the current share price.
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Q3 2026 Earnings Summary
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Revenue (Q3 2026 vs. Q3 2025): CNY 23,959 million vs. CNY 24,493 million (decreased 2.2%)
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Net Loss (Q3 2026 vs. Q3 2025): CNY 1,987 million loss vs. CNY 896 million loss (widened by 121.7%)
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Basic EPS (Q3 2026 vs. Q3 2025): CNY 0.213677 loss per share vs. CNY 0.096144 loss per share (loss per share widened by 122.3%)
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Trailing 12-Month Net Loss (TTM t...