Both are desktop amplifiers, $350 against $399. This page puts them side by side on the only three things a maker can be held to — power, output impedance and noise — and then asks the question that actually matters: which headphones do they treat differently?
The SMSL HO200 reaches 100 dB on 567 of the 567 models here, the Lake People G103-S Mk II on 566.
| Specification | Lake People G103-S Mk II | SMSL HO200 |
|---|---|---|
| Power into 32Ω | 1.0 W | 3.0 W |
| Power into 150Ω | 804 mW | 640 mW |
| Power into 300Ω | 580 mW | 320 mW |
| Power into 600Ω | 340 mW | 160 mW |
| Output impedance | 0.1 Ω | <0.1 Ω |
| Output noise | 6.15 µV | 1.0 µV |
| Price | $350 | $399 |
| Headphones it reaches 100 dB on out of 567 | 566 | 567 |
A figure marked not published is missing from the maker’s own material, which is not the same as being good or bad. Where one of these two publishes a number and the other does not, the comparison on that axis cannot be made at all — and saying so is more useful than guessing.
| Load | Lake People G103-S Mk II | SMSL HO200 |
|---|---|---|
| 32 Ω | Published | Published |
| 150 Ω | Derived | Derived |
| 300 Ω | Published | Derived |
| 600 Ω | Published | Derived |
Both makers publish a power rating, which is less common than the table above makes it look: of the 280 sources here, 209 publish a figure at at least one load and only 2 publish one at all four. Lake People G103-S Mk II publishes at 32 Ω, at 300 Ω and at 600 Ω; SMSL HO200 at 32 Ω. Every other row is worked out from those — between two published loads, or beyond them holding voltage constant, which understates rather than flatters.
So the two columns are not equally firm row by row: at 300 Ω and at 600 Ω only the Lake People G103-S Mk II figure is the maker’s own. On those rows the derived number is the one to doubt first.
What each of these labels means, and why a derived figure is still worth printing, is set out in how this data was built.
1 headphone reaches 100 dB on the SMSL HO200 but not on the Lake People G103-S Mk II — Symphonium Titan.
97 headphones stay below the audible-hiss threshold on the SMSL HO200 but cross it on the Lake People G103-S Mk II (64 Audio Fourte, 64 Audio Nio, 64 Audio U12t, 94 more).
566 of the 567 models here reach 100 dB on both. That is a power count and nothing more; whether either source suits a given headphone also depends on the two lines above.
The counts above say how many models the two treat differently. This says by how much. The same 8 headphones appear on every page of this kind, ordered from the easiest to drive to the hardest, so a row can be read across pages as well as across columns. Headroom is at a 100 dB SPL peak.
The widest gap on the list is the Shure SE846: SMSL HO200 has +49 dB of headroom there against +38 dB. 11 dB is about 12 times the power, which matters for peaks rather than for how loud the music sits.
Hiss is this source’s own noise, in decibels SPL, in that headphone — not a rating. Below about 20 dB SPL it is under the threshold of hearing in a quiet room; a negative figure means it is far below it.
| Headphone | Impedance | Needs | Lake People G103-S Mk II headroom | SMSL HO200 headroom | Lake People G103-S Mk II hiss | SMSL HO200 hiss |
|---|---|---|---|---|---|---|
| Shure SE846 | 9 Ω | 0.04 mW | +38 dB | +49 dB | 30 dB | 14 dB |
| Campfire Audio Andromeda 2020 | 9 Ω | 4.0 mW | +18 dB | +29 dB | 10 dB | -6 dB |
| Audeze LCD-2 Classic | 70 Ω | 0.79 mW | +32 dB | +32 dB | 8 dB | -7 dB |
| Beyerdynamic DT 1990 Pro (250Ω) | 250 Ω | 0.63 mW | +30 dB | +28 dB | 4 dB | -12 dB |
| HiFiMAN HE400se | 25 Ω | 7.9 mW | +20 dB | +27 dB | 3 dB | -13 dB |
| Audio-Technica ATH-R70X | 470 Ω | 1.6 mW | +24 dB | +21 dB | -3 dB | -19 dB |
| Sennheiser HD 600 | 300 Ω | 6.6 mW | +19 dB | +17 dB | -7 dB | -23 dB |
| HiFiMAN Susvara | 60 Ω | 50 mW | +14 dB | +15 dB | -9 dB | -25 dB |
The SMSL HO200 costs $49 more than the Lake People G103-S Mk II. Out of the 567 models here, that difference buys 1 more model driven to 100 dB and 97 more models kept below the audible-hiss threshold.
Nothing runs the other way: there is no axis here on which the cheaper of the two does better.
Everything in this paragraph counts only figures the two makers published. An advantage on an axis one of them leaves blank cannot be counted, and is not counted — how often that happens is its own page.
Each has a page of its own with every power figure traced to what the maker published and a full headphone list: Lake People G103-S Mk II and SMSL HO200. Or put either against your own headphones in the source comparison tool.