[Click eStock] "Refine, Beneficiary of Low Birthrate Policy and Debt Refinancing"

Hana Securities analyzed on the 29th that Refine is a beneficiary of low birthrate policies and refinancing loans.

Kim Gyusang, a researcher at Hana Securities, stated in a report on the same day, "Among the 15.4 trillion KRW budget for the five core tasks related to low birthrate this year, 58% is focused on housing services, so support for home purchases and jeonse (key money deposit) loan financing is expected to continue expanding."

Researcher Kim Gyusang analyzed, "The continuous expansion of low birthrate policies and the implementation of refinancing loans for mortgage and jeonse loans directly imply Refine's performance growth. While the increase in Q due to new jeonse transactions is important, the refinancing loans will lead to a significant increase in new loans, resulting in a substantial rise in Q."

He also noted, "Due to last year's reverse jeonse crisis, jeonse fraud, and mandatory subscription for rental business operators, subscriptions for jeonse deposit return guarantees are also increasing," and predicted, "With the increase in Q, another record high performance is expected this year as well."