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GRAPHJET TECHNOLOGY

GRAPHJET TECHNOLOGY is an electrical industrial apparatus company.1

Last updated Oct 21, 2026.

Overview

$92.8KRevenue, fiscal 20252
-$16.4MNet income, fiscal 20252
  • IndustryElectrical Industrial Apparatus1
  • HeadquartersN81
  • Incorporated inMalaysia3
  • Business addressLevel 10, Tower 11 Sanichi, Avenue 5, No. 8, Jalan Kerinchi, Bangsar South, Wilayahpersekutuankuala Lumpur, N8 592003
  • Filer category, Emerging growth company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-108.0%Gross margin2
-24275.5%Operating margin2
-17688.6%Net margin2
-$2.5MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue90¢$192.9K
  • Interest10¢$21.5K

Out of $92.8K in revenue.2 The company lost money this year.

Financial statements

Operating income42-$22.5M in 2025+1640% since 2022
-$30.0M-$20.0M-$10.0M02022: -$1.3M-$1.3M20222023: -$904.8K-$904.8K2023−30%2024: -$17.4M-$17.4M2024+1827%2025: -$22.5M-$22.5M2025+29%
Net income42-$16.4M in 2025
-$20.0M-$15.0M-$10.0M-$5.0M0$5.0M2022: $53.9K$53.9K20222023: -$46.4K-$46.4K20232024: -$17.8M-$17.8M2024+38322%2025: -$16.4M-$16.4M2025−8%
Fiscal year20212022202320242025
Revenue$92.8K2
Cost of revenue$192.9K2
Gross profit-$100.2K2
Operating expenses$1.3M4$904.8K4$17.4M2$22.5M2
Operating income-$1.3M4-$904.8K4-$17.4M2-$22.5M2
Interest$35.5K7$23.7K2$21.5K2
Income before tax-$17.8M2-$16.4M2
Income tax$04$04
Net income$53.9K4-$46.4K4-$17.8M2-$16.4M2
Earnings per share$0.028-$0.017-$7.492-$6.492
Earnings per share (diluted)-$0.017-$7.492-$6.492
Shares (weighted, basic)3.4M shares8137.8M shares72.4M shares22.5M shares2
Shares (weighted, diluted)137.8M shares72.4M shares22.5M shares2

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Corporate structure

GRAPHJET TECHNOLOGY sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GRAPHJET TECHNOLOGY

  • Goldman Sachs Filed SCHEDULE 13G/A on GRAPHJET TECHNOLOGY, latest Jan 30, 2026 (2 filings since Nov 14, 2025)
  • Wei Aiden Lee Ping Filed SCHEDULE 13D/A on GRAPHJET TECHNOLOGY, latest May 19, 2025 (2 filings since May 14, 2025)
  • Yakira Capital Management, Inc. Filed SCHEDULE 13G/A on GRAPHJET TECHNOLOGY, latest May 22, 2024 (3 filings since Feb 14, 2023)
  • GLAZER CAPITAL, LLC Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Apr 10, 2024 (3 filings since Jan 10, 2023)
  • Lawrence Feis Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Mar 4, 2024 (6 filings since Nov 24, 2021)
  • WOLVERINE ASSET MANAGEMENT LLC Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Feb 8, 2024 (2 filings since Feb 1, 2023)
  • James D. Dondero Filed SC 13G on GRAPHJET TECHNOLOGY, latest Feb 2, 2024
  • Saba Capital Management, L.P. Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Feb 14, 2023 (2 filings since Nov 26, 2021)
  • Space Summit Capital LLC Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Feb 8, 2023 (3 filings since Nov 23, 2021)
  • Weiss Asset Management LP Filed SC 13G/A on GRAPHJET TECHNOLOGY, latest Feb 3, 2023 (3 filings since Jan 12, 2022)
  • Mizuho Financial Group Filed SC 13G on GRAPHJET TECHNOLOGY, latest Feb 14, 2022
  • GRAPHJET TECHNOLOGY N8

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What GRAPHJET TECHNOLOGY reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.0M2 Sep 30, 2025$1.6M2 Sep 30, 2024+25.3%
Accumulated depreciation$214.6K2 Sep 30, 2025$30.6K2 Sep 30, 2024+601.5%
Property and equipment, net$1.8M2 Sep 30, 2025$1.6M2 Sep 30, 2024+14.3%
Operating-lease assets (leased space)$17.0K2 Sep 30, 2025

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$7.4K2 Sep 30, 2025$348.7K2 Sep 30, 2024−97.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$2.6K2 Sep 30, 2025$2622 Sep 30, 2024+897.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$38.9K2 Sep 30, 2025$73.9K2 Sep 30, 2024−47.4%
Raw materials$19.8K2 Sep 30, 2025
Work in process$18.2K2 Sep 30, 2025$73.9K2 Sep 30, 2024−75.4%
Finished goods$9292 Sep 30, 2025

Properties, in its own words

Graphjet Technology’s principal executive offices are located at Lot 3895, Lorong 6D, Kampung Baru Subang, Seksyen U6, 40150 Shah Alam, Selangor, Malaysia, which serves as the headquarters, research and development and production space.

On August 19, 2025, the Company entered into a Sale and Purchase Agreement (the “Sale and Purchase Agreement”) with Cosmo Esteem SDN BHD, a company incorporated in and under the laws of Malaysia (the “Vendor”) and Graphjet Technology SDN BHD, a wholly owned subsidiary of the Company (the “Purchaser”). Pursuant to the Sale and Purchase Agreement, the Purchaser bought the property from which the Company currently operates from, which was owned by the Vendor. As payment for the property to the Vendor, the Company agreed to issue 97,462,455 of its ordinary shares at a per share price of USD$ 0.074, to Tan Chin Teong, which is 1,624,375 post-Share Consolidation Shares. On August 25, 2025, the Company issued 528,464 post-Share Consolidation shares to Tan Chin Teong.

Item 2 of the 10-K filed Dec 23, 2025.9

Leadership

Who has led GRAPHJET TECHNOLOGY, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Swee Guan Hoo2021

Chief financial officer

  1. Cu Seng Kiu2021
2025
Board members and other officers (6)

Former names

  • Energem CorpSep 10, 2021 to Mar 14, 20243

Timeline

  1. Mar 18, 20268-K Executive or director change17
  2. Mar 2, 20268-K Listing notice or transfer18
  3. Dec 23, 20258-K Bylaws or fiscal year changed; Shareholder vote19
  4. Dec 19, 20258-K Shareholder vote20
  5. Dec 12, 20258-K Listing notice or transfer; Other events21
  6. Nov 26, 20258-K Listing notice or transfer22
  7. Nov 13, 20258-K Other events23
  8. Nov 12, 20258-K Listing notice or transfer24
  9. Oct 30, 20258-K Listing notice or transfer25
  10. Oct 17, 20258-K Entered a material agreement26
  11. Sep 30, 20258-K Listing notice or transfer27
  12. Sep 26, 20258-K Listing notice or transfer28
  13. Nov 17, 2021New chief executive Swee Guan Hoo becomes CEO10

Filings

284 filings to the SEC since October 2021: 10 annual reports, 14 quarterly reports, 81 major events, 32 insider forms, 28 large holders, 119 other. The latest 20:

  1. Mar 18, 20268-K CURRENT REPORT EDGAR
  2. Mar 2, 20268-K CURRENT REPORT EDGAR
  3. Jan 30, 2026SCHEDULE 13G/A EDGAR
  4. Jan 23, 2026424B3 PROSPECTUS EDGAR
  5. Jan 20, 2026EFFECT EDGAR
  6. Jan 12, 2026S-1/A AMENDMENT NO. 2 TO FORM S-3 EDGAR
  7. Dec 23, 202510-K ANNUAL REPORT EDGAR
  8. Dec 23, 20258-K CURRENT REPORT EDGAR
  9. Dec 22, 2025S-1/A AMENDMENT NO. 1 TO FORM S-1 EDGAR
  10. Dec 19, 20258-K CURRENT REPORT EDGAR
  11. Dec 12, 20258-K EDGAR
  12. Dec 11, 2025DEFR14A PROXY STATEMENT EDGAR
  13. Nov 26, 20258-K EDGAR
  14. Nov 17, 2025DEF 14A PROXY STATEMENT EDGAR
  15. Nov 14, 2025SCHEDULE 13G EDGAR
  16. Nov 13, 20258-K CURRENT REPORT EDGAR
  17. Nov 12, 20258-K CURRENT REPORT EDGAR
  18. Nov 3, 2025PRE 14A PROXY STATEMENT EDGAR
  19. Oct 30, 20258-K CURRENT REPORT EDGAR
  20. Oct 21, 2025S-1 REGISTRATION STATEMENT EDGAR

The 284 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

33 open-market trades by officers, directors and large owners since October 2021: 0 buys and 33 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 14, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale2,490,517$0.46$1.1MForm 4
Jan 13, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale2,000,000$0.42$840.0KForm 4
Jan 10, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale2,500,000$0.46$1.1MForm 4
Jan 8, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale1,645,916$0.47$773.6KForm 4
Jan 8, 2025Hoo Swee GuanDirectorSale521,788$0.46$240.0KForm 4
Jan 7, 2025Hoo Swee GuanDirectorSale30,000$0.54$16.2KForm 4
Jan 7, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale1,627,198$0.54$878.7KForm 4
Jan 6, 2025Hoo Swee GuanDirectorSale296,203$0.70$207.3KForm 4
Jan 6, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale1,729,799$0.70$1.2MForm 4
Jan 3, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale500,000$0.90$450.0KForm 4
Jan 2, 2025SURIA SUKSES ENGINEERING SDN BHD10% ownerSale1,060,613$1.07$1.1MForm 4
Dec 31, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale2,000,000$0.89$1.8MForm 4
Dec 31, 2024Hoo Swee GuanDirectorSale175,000$0.87$152.2KForm 4
Dec 27, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale500,000$0.86$430.0KForm 4
Dec 26, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale5,000,000$0.39$1.9MForm 4
Dec 26, 2024Hoo Swee GuanDirectorSale250,000$0.41$102.5KForm 4
Dec 20, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale2,500,000$0.20$500.0KForm 4
Dec 19, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale917,889$0.33$302.9KForm 4
Dec 18, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale869,216$0.49$425.9KForm 4
Dec 17, 2024SURIA SUKSES ENGINEERING SDN BHD10% ownerSale828,852$0.70$580.2KForm 4

All 33 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How GRAPHJET TECHNOLOGY is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGRAPHJET TECHNOLOGY1
  • CIK0001879373
  • Employer ID (EIN)00-00000009
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company9
  • Incorporated inCayman Islands9
  • Fiscal year endsSeptember 301
  • Industry code (SIC)3620 Electrical Industrial Apparatus1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressLevel 10, Tower 11 Sanichi, Avenue 5, No. 8, Jalan Kerinchi, Bangsar South, Wilayahpersekutuankuala Lumpur, N8 592001
  • Phone603270476221
  • Shares outstanding3,845,062 shares as of Dec 23, 20259
  • Public float$6 as of Mar 31, 20259
  • AuditorKreit & Chiu CPA LLP, Los Angeles, California PCAOB ID 6651; no auditor attestation of internal control over financial reporting9
  • On EDGAR sinceSep 10, 20211
  • Filings288 in all: 8-K (78), 4 (24), CORRESP (21), UPLOAD (19), SC 13G/A (14), S-4/A (13), 10-Q (12), 425 (12)1
    All 39 form types

    SC 13G (9), 3 (8), S-1/A (8), 10-K (5), 10-K/A (5), DEF 14A (5), EFFECT (5), NT 10-Q (5), PRE 14A (5), 424B3 (4), S-1 (4), 25-NSE (3), 8-K/A (3), DEFR14A (3), PRER14A (3), 10-Q/A (2), DRS (2), NT 10-K (2), SCHEDULE 13G/A (2), 424B4 (1), 8-A12B (1), CERT (1), DEFA14A (1), F-4 (1), F-4/A (1), NT 10-K/A (1), RW (1), S-4 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Dec 23, 2025
    Quarterly report (10-Q) Sep 5, 2025
    Proxy statement (DEF 14A) Nov 17, 2025
    Latest 8-K (8-K) Mar 18, 2026

Risk factors and legal proceedings

The risks GRAPHJET TECHNOLOGY names in Item 1A of its 10-K filed Dec 23, 2025: 50 risks under these headings, as written.9

  • Risks Related to Our Business and Industry
  • We have a very limited operating history, which may make it difficult for you to evaluate the success of our business to date and to assess our future viability.
  • Our independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.”
  • We face a variety of risks related to our proposed graphene/graphite manufacturing business.
  • The graphene and graphite industry is highly competitive. Our market share, net sales or net income could decline due to vigorous price and other competition.
  • We may or may not recoup expenditures associated with our growth.
  • We may not respond quickly and profitably to continued innovations in the graphene and graphite industry.
  • If we do not effectively implement our sales, marketing and service plans, our sales will not grow and our results of operations will suffer.
  • We must continuously invest in research and development and devote significant resources to commercializing new products in the graphene and graphite industry.
  • Because we have limited capital, inherent manufacturing risks pose a significant threat to us compared with our larger competitors.
  • Risks of relationships with third parties in respect of commercialization, sales and marketing of our graphene and graphite products.
  • Our failure to protect our intellectual property rights may undermine our competitive position, and litigation to protect our intellectual property rights may be costly.
The other 39 risks
  • We may need to defend ourselves against claims that we infringe, have misappropriated or otherwise violate the intellectual property rights of others, which may be time-consuming and would cause us to incur substantial costs.
  • Our success will depend, among other factors, on our ability to obtain, maintain and protect our intellectual property rights.
  • We depend on third parties for certain construction, maintenance, engineering, transportation, warehousing and logistics services.
  • Our business may be impacted by international instability, war, terrorism, and geopolitical events.
  • Our future success depends in part on our ability to increase our production capacity and we may not be able to do so in a cost-effective manner.
  • If we fail to manage our growth effectively, our business and operating results may suffer.
  • If we are unable to attract and retain key employees and hire qualified management, technical, engineering, and sales personnel, our ability to compete and successfully grow our business could be harmed.
  • Future litigation or administrative proceedings could have a material adverse effect on our business, financial condition and results of operations.
  • Cyber-attacks or other failures in our telecommunications or information technology systems, or those of our collaborators, third-party logistics providers, distributors or other contractors or consultants, could result in information theft, data corruption and significant disruption of our business operations.
  • We are dependent on the palm oil industry for availability of raw material
  • Our business, financial condition and results of operations may be materially adversely affected by risks associated with our international operations.
  • We may make investments into or acquire other companies or technologies, which could divert our management’s attention, result in dilution to our shareholders, and otherwise disrupt our operations, and we may have difficulty integrating any such acquisitions successfully or realizing the anticipated benefits therefrom, any of which could have an adverse effect on our business, financial condition and results of operations.
  • We may be subject to export and import control laws and regulations that could impair our ability to compete in international markets or subject us to liability if we violate such laws and regulations.
  • Risks Related to our Intellectual Property
  • We may not be able to prevent others from unauthorized use of our intellectual property, which could harm our business and competitive position.
  • As our patents may expire and may not be extended, our patent applications may not be granted and our patent rights may be contested, circumvented, invalidated or limited in scope, our patent rights may not protect we effectively. In particular, we may not be able to prevent others from developing or exploiting competing technologies.
  • We may need to defend ourselves against patent or trademark infringement claims, which may be time-consuming and would cause us to incur substantial costs.
  • We may be subject to damages resulting from claims that we or our employees have wrongfully used or disclosed alleged trade secrets of our employees’ former employers.
  • Risks Related to the Regulatory Environment in Which We Operate
  • Our sales and results of operations could be materially and adversely impacted by risks inherent in international markets.
  • Our operations are subject to hazards which could result in significant liability to us.
  • Complying with numerous health, safety and environmental regulations is both complex and costly.
  • Industrial operations can be hazardous.
  • Risks Related to Ownership of Our Securities
  • An active market for our securities may not develop, which would adversely affect the liquidity and price of our securities.
  • If securities or industry analysts publish reports that are interpreted negatively by the investment community or publish negative research reports about our business, our share price and trading volume could decline.
  • Future sales of our Class A Ordinary Shares, or the perception of such sales, by us or our shareholders in the public market could cause the market price for our Class A Ordinary Shares to decline.
  • Our Class A Ordinary Share price may decline, and you could lose all or part of your investment as a result.
  • Because there are no current plans to pay cash dividends on our Class A Ordinary Shares for the foreseeable future, you may not receive any return on investment unless you sell your Class A Ordinary Shares at a price greater than what you paid for it.
  • Our shareholders may experience dilution in the future.
  • Changes in laws, regulations or rules, or a failure to comply with any laws, regulations or rules, may adversely affect our business, investments and results of operations.
  • We may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and our stock price, which could cause you to lose some or all of your investment.
  • Graphjet Technology is subject to financial reporting and other requirements as a public company for which its accounting and other management systems and resources may not be adequately prepared adversely impacting stock price.
  • Our quarterly operating results may fluctuate significantly and could fall below the expectations of securities analysts and investors due to seasonality and other factors, some of which are beyond our control, resulting in a decline in our stock price.
  • If securities or industry analysts do not publish or cease publishing research or reports about Graphjet Technology, its business, or its market, or if they change their recommendations regarding the Class A Ordinary Shares Graphjet Technology adversely, then the price and trading volume of the Class A Ordinary Shares of Graphjet Technology could decline.
  • We may be unable to obtain additional financing to fund the operations and growth of Graphjet Technology.
  • Our internal controls over financial reporting may not be effective and our independent registered public accounting firm may not be able to certify as to their effectiveness, which could have a significant and adverse effect on our business and reputation.
  • There can be no assurance that we will be able to comply with the continued listing standards of any U.S. stock exchange.
  • Our Class A ordinary shares now trade on the OTC Pink Limited, which may limit liquidity and make it difficult for shareholders to sell shares at a favorable price.
  • Trading on OTC Pink Limited may result in greater price volatility than when our stock was listed on a national exchange.
  • The delisting of our Class A ordinary shares could negatively affect investor perception and reduce demand of our shares.
  • Our ability to raise additional capital may limited due to trading on OTC Pink Limited.

Legal proceedings

From time to time, we may become involved in legal proceedings relating to claims arising from the ordinary course of business. Our management believes that there are currently no claims or actions pending against us, the ultimate disposition of which could have a material adverse effect on our results of operations, financial condition or cash flows.

The opening of Item 3, Legal Proceedings.9

Sources

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    SEC EDGAROther events
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