CAR Group Limited - CAR Group has been a leading operator of online marketplaces for vehicles since the 1990s, focusing on simplifying the buying and selling process for users [1][2] - The company has experienced steady growth and operates globally in markets such as Australia, South Korea, the United States, and Chile [3] - CAR has achieved a revenue growth rate of 37.0% per year since 2021, reaching $1,099 million in FY24, with net profit increasing from $131 million to $250 million during the same period [6] Transurban Group - Transurban, founded in 1999, manages and develops urban toll road networks in Australia, Canada, and the United States, with interests in 22 urban motorways [4] - The company invests heavily in new projects funded through toll revenue from motor vehicles [4] - In FY24, Transurban reported a debt/equity ratio of 175.1%, indicating a leveraged position, and an ROE of 3.0%, which is below the expected threshold for a mature business [7][8] - Since 2020, Transurban has maintained an average dividend yield of 3.6% per year [8]

Group 1: Scentre Group (SCG) - Scentre Group's share price has increased by 16.9% since the beginning of 2025, with a portfolio of 42 shopping centres valued at over $34 billion and an occupancy rate exceeding 99% [1][2] - The company operates under the Westfield brand in Australia and New Zealand, attracting more than half a billion visitors annually [1] - For CY23, Scentre Group reported a debt/equity ratio of 87.3%, an average dividend yield of 4.8% over the last 5 years, and a return on equity (ROE) of 1.0%, which is below the expected 10% for a mature business [6][7] Group 2: REA Group - REA Group, known for its realestate.com.au platform, operates property websites in around 10 countries and receives over 55 million visits monthly on its Australian site [3][4] - The company has seen a revenue growth rate of 18.6% per year over the last 3 years, reaching $1,677 million in FY24, although net profit has decreased from $323 million to $303 million [9] - REA's last reported ROE was 18.9%, indicating strong performance relative to its growth-oriented business model [9] - Competitive advantages for REA include network effects and economies of scale, giving it greater market power compared to its main competitor, Domain [5]

Group 1: Company Overview - Rio Tinto is a global leader in the exploration, development, production, and processing of minerals and metals, founded in 1873, and is currently the world's second-largest mining and metals company after BHP [1] - Reece Limited has been operating in Australia for over 100 years and is the country's largest plumbing and bathroom supplies business, diversifying into irrigation, pools, civil construction, and HVAC systems [3] Group 2: Financial Performance - Rio Tinto's share price has decreased by 2.3% since the start of 2025, while Reece Limited's share price is 64.0% away from its 52-week high [1] - For CY24, Rio Tinto reported a debt/equity ratio of 23.9%, an average dividend yield of 6.8% per year over the last 5 years, and a return on equity (ROE) of 20.3% [6] - Reece Limited reported a debt/equity ratio of 47.2% in FY24, an average dividend yield of 1.1% per year since 2019, and an ROE of 11.2% [7] Group 3: Product Portfolio - Rio Tinto's diverse portfolio is categorized into four key product areas: Aluminium, Copper & Diamonds, Energy & Minerals, and Iron Ore, with iron ore being its largest export [2]

Group 1: BHP Group Ltd - BHP Group is a diversified natural resources company founded in 1885, focusing on mineral exploration and production, with key areas including copper, iron ore, and coal [2] - The company has a debt/equity ratio of 45.3% for FY24, indicating more equity than debt [6] - BHP has delivered an average dividend yield of 6.9% per year over the last 5 years and reported a return on equity (ROE) of 19.7% for FY24, exceeding the typical threshold for mature businesses [6] Group 2: QBE Insurance Group Ltd - QBE Insurance Group, originally a marine insurance company, has expanded to operate in 27 countries, providing a wide range of insurance products [4] - The company reported a debt/equity ratio of 27.0% in CY24, also indicating more equity than debt [7] - QBE has achieved an average dividend yield of 2.8% per year since 2019 and reported an ROE of 17.2% in CY24 [7]