Summit Networks (Summit Networks) Accumulated Depreciation : $-0.01 Mil (As of Mar. 2024)

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What is Summit Networks Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Summit Networks's quarterly accumulated depreciation stayed the same from Sep. 2023 ($-0.01 Mil) to Dec. 2023 ($-0.01 Mil) and stayed the same from Dec. 2023 ($-0.01 Mil) to Mar. 2024 ($-0.01 Mil).

Summit Networks's annual accumulated depreciation increased from Sep. 2021 ($-0.00 Mil) to Sep. 2022 ($-0.01 Mil) but then stayed the same from Sep. 2022 ($-0.01 Mil) to Sep. 2023 ($-0.01 Mil).

Summit Networks Accumulated Depreciation Historical Data

The historical data trend for Summit Networks's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summit Networks Accumulated Depreciation Chart

Summit Networks Annual Data

Trend

Jul14

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Jul20

Sep21

Sep22

Sep23

Accumulated Depreciation

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-0.01

Summit Networks Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.01	-0.01

Summit Networks Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Summit Networks Accumulated Depreciation Related Terms

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Summit Networks (Summit Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Summit Networks Inc (OTCPK:SNTW) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8

Website

https://www.sumnets.com

Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.

Executives

Chi Ming Tso	10 percent owner	3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung	10 percent owner	ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung	10 percent owner	FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung	10 percent owner	RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen	director	1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung	director, officer: President	41 BOBOLINK LANE, LEVITTOWN NY 11756

Summit Networks (Summit Networks) Headlines

From GuruFocus

Summit Networks Announces Fiscal 2021 First Quarter Results

By Marketwired Marketwired • 02-17-2021

Summit Networks Announces the Completion of Reverse Merger

By Marketwired Marketwired • 02-02-2021