Pangang Steel and Vanadium has reported a net asset per share of 2.74 yuan in the first half of this year, down 3.52 percent; an attributable net profit of minus 1.34 billion yuan, down 318.52 percent; an earning per share of minus 0.23 yuan, down 291.67 percent; and a return on net assets of minus 8.53 percent, down 12.34 percent.