Short answer
Both are portable players, $1799 against $1249.
The FiiO M27 reaches 100 dB on 567 of the 567 models here, the Shanling M7 on 566.
| Specification | FiiO M27 | Shanling M7 |
|---|---|---|
| Power into 32Ω | 1.8 W | 406 mW |
| Power into 150Ω | 391 mW | 87 mW |
| Power into 300Ω | 200 mW | 43 mW |
| Power into 600Ω | 100 mW | 22 mW |
| Output impedance | 0.5 Ω | 1.0 Ω |
| Output noise | 3.9 µV | 1.6 µV |
| Price | $1799 | $1249 |
| Headphones it reaches 100 dB on out of 567 | 567 | 566 |
| Balanced | FiiO M27 | Shanling M7 |
|---|---|---|
| Socket | 4.4mm | 4.4mm |
| Power into 32Ω | 5.0 W | 920 mW |
| Power into 300Ω | 805 mW | 98 mW derived |
| Output impedance | 0.6 Ω | 1.0 Ω |
| Output noise | 7.6 µV | 2.2 µV |
| Headphones it reaches 100 dB on out of 567 | 567 | 566 |
Through the balanced sockets the FiiO M27 reaches 100 dB on 567 of the 567 models here and the Shanling M7 on 566. Derived figures are worked out from the loads the maker did publish.
| Load | FiiO M27 | Shanling M7 |
|---|---|---|
| 32 Ω | Published | Published |
| 150 Ω | Derived | Derived |
| 300 Ω | Published | Derived |
| 600 Ω | Derived | Derived |
Both makers publish a power rating. FiiO M27 publishes at 32 Ω and at 300 Ω; Shanling M7 at 32 Ω. The other rows are worked out from those.
So the two columns are not equally firm row by row: at 300 Ω only the FiiO M27 figure is the maker’s own. On those rows the derived number is the one to doubt first.
1 headphone reaches 100 dB on the FiiO M27 but not on the Shanling M7 — Symphonium Titan.
14 headphones are left alone by the FiiO M27 under the one-eighth rule but coloured by the Shanling M7 (64 Audio Nio, 64 Audio Volur, Campfire Audio Andromeda 2023, 11 more).
34 headphones stay below the audible-hiss threshold on the Shanling M7 but cross it on the FiiO M27 (64 Audio Fourte, AFUL Performer 8, Audio-Technica ATH-CKS1100, 31 more).
566 of the 567 models here reach 100 dB on both.
Headroom is at a 100 dB SPL peak.
The widest gap on the list is the Campfire Audio Andromeda 2020: FiiO M27 has +26 dB of headroom there against +15 dB. 11 dB is about 13 times the power, which matters for peaks rather than for how loud the music sits.
Hiss below about 20 dB SPL is inaudible in a quiet room.
| Headphone | Impedance | Needs | FiiO M27 headroom | Shanling M7 headroom | FiiO M27 hiss | Shanling M7 hiss |
|---|---|---|---|---|---|---|
| Shure SE846 | 9 Ω | 0.04 mW | +46 dB | +35 dB | 26 dB | 19 dB |
| Campfire Audio Andromeda 2020 | 9 Ω | 4.0 mW | +26 dB | +15 dB | 6 dB | -1 dB |
| Audeze LCD-2 Classic | 70 Ω | 0.79 mW | +30 dB | +24 dB | 4 dB | -3 dB |
| Beyerdynamic DT 1990 Pro (250Ω) | 250 Ω | 0.63 mW | +26 dB | +19 dB | -0 dB | -8 dB |
| HiFiMAN HE400se | 25 Ω | 7.9 mW | +24 dB | +16 dB | -1 dB | -9 dB |
| Audio-Technica ATH-R70X | 470 Ω | 1.6 mW | +19 dB | +12 dB | -7 dB | -15 dB |
| Sennheiser HD 600 | 300 Ω | 6.6 mW | +15 dB | +8 dB | -11 dB | -19 dB |
| HiFiMAN Susvara | 60 Ω | 50 mW | +13 dB | +6 dB | -13 dB | -21 dB |
The FiiO M27 costs $550 more than the Shanling M7. Out of the 567 models here, that difference buys 1 more model driven to 100 dB and 14 more models left alone under the one-eighth rule.
It does not run one way only: the cheaper Shanling M7 keeps 34 models below the audible-hiss threshold that the FiiO M27 does not, which is the part worth checking against your own headphones before paying the difference.
Only published figures count here; blank axes are counted separately.
Each in full: FiiO M27 and Shanling M7.