What DAC should I buy in budget segment?

The Lightning to 3.5mm headphone jack adapter includes a DAC with CS4272 Chip, and Apple’s chip number 338S100104. You can google CS4272, it has 24-bit 192kHz 114dB output capability, though I wonder if Apple still limits it to 24-bit 48kHz.
I had a quick glance at the CS chip. This chip can be easily converted to an audio transformer type output stage.
 
Could you please elaborate on the same...
Check my post on this
 
Check my post on this
Read it but couldn't understand why the efforts?
 
The Marantz PM7000N offers big, spacious and insightful sound, class-leading clarity and a solid streaming platform in a award winning package.
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