OTCPK:SNTW

Stock Analysis Report

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Executive Summary

Summit Networks Inc. does not have significant operations.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Summit Networks's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SNTW has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SNTW

1.5%

US Retail Distributors

1.5%

US Market


1 Year Return

n/a

SNTW

-5.9%

US Retail Distributors

6.9%

US Market

Return vs Industry: Insufficient data to determine how SNTW performed against the US Retail Distributors industry.

Return vs Market: Insufficient data to determine how SNTW performed against the US Market.


Shareholder returns

SNTWIndustryMarket
7 Day0%1.5%1.5%
30 Day0%2.2%5.9%
90 Dayn/a29.4%17.9%
1 Yearn/a-4.2%-5.9%9.2%6.9%
3 Year100.0%100.0%19.9%14.4%36.4%27.5%
5 Yearn/a33.0%23.0%64.9%47.0%

Price Volatility Vs. Market

How volatile is Summit Networks's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Summit Networks undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Summit Networks is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Summit Networks has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of SNTW’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Summit Networks regulatory filings here.
  • Explore potentially undervalued companies in the Retail industry.

Future Growth

How is Summit Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Summit Networks has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of SNTW’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Summit Networks's filings and announcements here.
  • Explore growth companies in the Retail industry.

Past Performance

How has Summit Networks performed over the past 5 years?

-52.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNTW is currently unprofitable.

Growing Profit Margin: SNTW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SNTW is unprofitable, and losses have increased over the past 5 years at a rate of -52.4% per year.

Accelerating Growth: Unable to compare SNTW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNTW is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-15.6%).


Return on Equity

High ROE: SNTW's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Summit Networks's financial position?


Financial Position Analysis

Short Term Liabilities: SNTW has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: SNTW has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: SNTW has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: SNTW's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SNTW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SNTW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.5% per year.


Next Steps

Dividend

What is Summit Networks's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SNTW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SNTW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SNTW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SNTW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SNTW's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Shuhua Liu (48yo)

0.25

Tenure

Ms. Shuhua Liu is the Chairman and Chief Executive Officer of Summit Networks Inc. since March 9, 2020 and has its Director since June 17, 2019. She is a senior economist and international certified public ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.9%.


Top Shareholders

Company Information

Summit Networks Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Summit Networks Inc.
  • Ticker: SNTW
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: US$19.215m
  • Shares outstanding: 64.05m
  • Website: https://www.summitnetworksinc.com

Location

  • Summit Networks Inc.
  • 3A, Kingswell Commercial Tower
  • 171-173 Lockhard Road
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNTWOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2015

Biography

Summit Networks Inc. does not have significant operations. Previously, it was engaged in the distribution of glass craft products. The company was founded in 2014 and is headquartered in Wanchai, Hong Kong. Summit Networks Inc. is a subsidiary of Hass Group Inc. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/28 07:16
End of Day Share Price2020/03/31 00:00
Earnings2020/04/30
Annual Earnings2019/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.