Hifeme S2 DAC. As good as the latest Dragonfly?

Does anyone have opinions on or - better still - experience of the new DAC from Hifime, the S2? It uses the same converter chip as the Audioquest Dragonfly Cobalt, the  ESS ES9038Q2M, but it only costs £80 ($80). The Dragonfly Cobalt costs £270.