Loading...

Summit Networks

OTCPK:SNTW
Snowflake Description

Imperfect balance sheet with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SNTW
OTCPK
$12M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Summit Networks Inc., a development stage company, distributes glass craft products in the United States. The last earnings update was 27 days ago. More info.


Add to Portfolio Compare Print
SNTW Share Price and Events
7 Day Returns
0%
OTCPK:SNTW
2.1%
US Retail Distributors
2%
US Market
1 Year Returns
-50%
OTCPK:SNTW
7.2%
US Retail Distributors
4.3%
US Market
SNTW Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Summit Networks (SNTW) 0% - - -50% - -
US Retail Distributors 2.1% 5.3% 4.2% 7.2% -11.8% 33.2%
US Market 2% 4.1% 4.2% 4.3% 43.9% 40.8%
1 Year Return vs Industry and Market
  • SNTW underperformed the Retail Distributors industry which returned 7.2% over the past year.
  • SNTW underperformed the Market in United States of America which returned 4.3% over the past year.
Price Volatility
SNTW
Industry
5yr Volatility vs Market

SNTW Value

 Is Summit Networks undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Summit Networks. This is due to cash flow or dividend data being unavailable. The share price is $2.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Summit Networks's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Summit Networks's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:SNTW PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $0.01
OTCPK:SNTW Share Price ** OTCPK (2019-06-10) in USD $2
United States of America Retail Distributors Industry PE Ratio Median Figure of 11 Publicly-Listed Retail Distributors Companies 19.57x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Summit Networks.

OTCPK:SNTW PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:SNTW Share Price ÷ EPS (both in USD)

= 2 ÷ 0.01

383.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Summit Networks is overvalued based on earnings compared to the US Retail Distributors industry average.
  • Summit Networks is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Summit Networks's expected growth come at a high price?
Raw Data
OTCPK:SNTW PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 383.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Retail Distributors Industry PEG Ratio Median Figure of 5 Publicly-Listed Retail Distributors Companies 2.92x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Summit Networks, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Summit Networks's assets?
Raw Data
OTCPK:SNTW PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $0.00
OTCPK:SNTW Share Price * OTCPK (2019-06-10) in USD $2
United States of America Retail Distributors Industry PB Ratio Median Figure of 16 Publicly-Listed Retail Distributors Companies 2.66x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.8x
OTCPK:SNTW PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:SNTW Share Price ÷ Book Value per Share (both in USD)

= 2 ÷ 0.00

-944.29x

* Primary Listing of Summit Networks.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Summit Networks has negative assets, we can't compare the value of its assets to the US Retail Distributors industry average.
X
Value checks
We assess Summit Networks's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Retail Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Retail Distributors industry average (and greater than 0)? (1 check)
  5. Summit Networks has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SNTW Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.5%
Expected Retail Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Summit Networks expected to grow at an attractive rate?
  • Unable to compare Summit Networks's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Summit Networks's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Summit Networks's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:SNTW Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Retail Distributors Industry Earnings Growth Rate Market Cap Weighted Average 10.5%
United States of America Retail Distributors Industry Revenue Growth Rate Market Cap Weighted Average 5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:SNTW Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:SNTW Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 0 0
2019-01-31 0 0
2018-10-31 0 0
2018-07-31 0 0
2018-04-30 0 0 0
2018-01-31 0 0 0
2017-10-31 0 0 0
2017-07-31 0 0 0
2017-04-30 0 0 0
2017-01-31 0 0 0
2016-10-31 0 0 0
2016-07-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Summit Networks is high growth as no earnings estimate data is available.
  • Unable to determine if Summit Networks is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:SNTW Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Summit Networks Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNTW Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 0.01
2019-01-31 -0.05
2018-10-31 -0.05
2018-07-31 -0.02
2018-04-30 -0.02
2018-01-31 -0.02
2017-10-31 -0.01
2017-07-31 0.00
2017-04-30 0.00
2017-01-31 0.00
2016-10-31 0.00
2016-07-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Summit Networks will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Summit Networks's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Retail companies here
  2. 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.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Summit Networks's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Summit Networks has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SNTW Past Performance

  How has Summit Networks performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Summit Networks's growth in the last year to its industry (Retail Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Summit Networks's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Summit Networks has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Summit Networks has become profitable in the last year making it difficult to compare the US Retail Distributors industry average.
Earnings and Revenue History
Summit Networks's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Summit Networks Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:SNTW Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 0.03 0.30
2019-01-31 -0.31 0.30
2018-10-31 -0.28 0.27
2018-07-31 -0.09 0.09
2018-04-30 0.00 -0.09 0.09
2018-01-31 0.01 -0.08 0.08
2017-10-31 0.02 -0.07 0.07
2017-07-31 0.03 -0.01 0.02
2017-04-30 0.04 0.00 0.01
2017-01-31 0.04 0.00 0.01
2016-10-31 0.04 -0.01 0.01
2016-07-31 0.05 -0.01 0.03
2016-04-30 0.07 -0.02 0.02
2016-01-31 0.09 -0.04 0.06
2015-10-31 0.12 -0.04 0.07
2015-07-31 0.12 -0.02 0.05
2014-07-31 0.36 0.06 0.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Summit Networks has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Summit Networks used its assets more efficiently than the US Retail Distributors industry average last year based on Return on Assets.
  • It is difficult to establish if Summit Networks improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Summit Networks's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Retail Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Summit Networks has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SNTW Health

 How is Summit Networks's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Summit Networks's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Summit Networks's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Summit Networks has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Summit Networks's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Summit Networks has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Summit Networks Company Filings, last reported 1 month ago.

OTCPK:SNTW Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 -0.01 0.01
2019-01-31 -0.34 0.34 0.00
2018-10-31 -0.30 0.30 0.01
2018-07-31 -0.06 0.08 0.02
2018-04-30 -0.06 0.06
2018-01-31 -0.05 0.01
2017-10-31 -0.05 0.01
2017-07-31 0.00 0.01
2017-04-30 0.01 0.00 0.00
2017-01-31 0.01 0.00 0.00
2016-10-31 0.01 0.00 0.00
2016-07-31 0.02 0.00 0.00
2016-04-30 0.02 0.00 0.00
2016-01-31 0.02 0.00 0.00
2015-10-31 0.02 0.00 0.00
2015-07-31 0.03 0.00 0.01
2014-07-31 0.01 0.00 0.00
  • Summit Networks has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Summit Networks's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (433.3%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Summit Networks's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Summit Networks's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Summit Networks has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SNTW Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Summit Networks dividends.
If you bought $2,000 of Summit Networks shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Summit Networks's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Summit Networks's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:SNTW Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Retail Distributors Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Summit Networks has not reported any payouts.
  • Unable to verify if Summit Networks's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Summit Networks's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Summit Networks has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Summit Networks's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Summit Networks afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Summit Networks has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SNTW Management

 What is the CEO of Summit Networks's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chi Tso
AGE 61
TENURE AS CEO 0.1 years
CEO Bio

Mr. Chi Ming Tso has been the Chief Executive Officer, President and Director of Summit Networks Inc. since May 13, 2019. Mr. Tso has been the President and director of Hass Group Inc., a consulting company located in Hong Kong. He is a professional engineer and an entrepreneur. Since graduation, he has worked for a number of companies and held various senior technical and management positions. Since 2007, Mr. Tso had been the Marketing Director for Warwick Enterprise Ltd., a company located in Hong Kong. In 2012, he founded Hass Group Inc. and has served as its President ever since. Hass Group is a private consulting company located in Hong Kong. With Hass Group Inc., Tso has assisted in the establishment of a number of companies and assisted them completing a number of finances, mergers and acquisitions. Mr. Tso graduated from the Empresarial University of Costa Rica in Geotechnical Engineering in 2000.

CEO Compensation
  • Insufficient data for Chi to compare compensation growth.
  • Insufficient data for Chi to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Summit Networks management team in years:

0.1
Average Tenure
61
Average Age
  • The average tenure for the Summit Networks management team is less than 2 years, this suggests a new team.
Management Team

Chi Tso

TITLE
CEO, President & Director
AGE
61
TENURE
0.1 yrs

Charlene Huang

TITLE
Chief Financial Officer
AGE
66
TENURE
0.1 yrs

Fat Chan

TITLE
Treasurer & Secretary
AGE
56
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Summit Networks board of directors in years:

0.1
Average Tenure
51
Average Age
  • The average tenure for the Summit Networks board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chi Tso

TITLE
CEO, President & Director
AGE
61
TENURE
0.1 yrs

Xiang Chang

TITLE
Director
AGE
38
TENURE
0.2 yrs

Fengming Su

TITLE
Director
AGE
55
TENURE
0.1 yrs

Shuhua Liu

TITLE
Director
AGE
47
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Feb 19 Sell Hang Cheung Individual 11. Feb 19 11. Feb 19 -1,250,000 $0.02 $-18,750
12. Feb 19 Sell Yee Man Cheung Individual 11. Feb 19 11. Feb 19 -1,251,000 $0.02 $-18,765
12. Feb 19 Sell Keun Cheung Individual 11. Feb 19 11. Feb 19 -1,750,000 $0.02 $-26,250
X
Management checks
We assess Summit Networks's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Summit Networks has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SNTW News

Simply Wall St News

SNTW Company Info

Description

Summit Networks Inc., a development stage company, distributes glass craft products in the United States. It distributes glass crafts, novelties, knobs, trophies, vases, glasses, boxes, bowls, trays, and plates to wholesale customers. The company was founded in 2014 and is based in Mong Kok, Hong Kong. As of February 11, 2019, Summit Networks Inc. operates as a subsidiary of Hass Group, Inc.

Details
Name: Summit Networks Inc.
SNTW
Exchange: OTCPK
Founded: 2014
$12,209,998
6,104,999
Website: http://www.summitnetworksinc.com
Address: Summit Networks Inc.
Ho King Commercial Centre,
7th Floor,
Mong Kok,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK SNTW Common Stock Pink Sheets LLC US USD 15. Jun 2015
Number of employees
Current staff
Staff numbers
0
Summit Networks employees.
Industry
Distributors
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 00:37
End of day share price update: 2019/06/10 00:00
Last earnings filing: 2019/05/29
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/07/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.