Not enough power and uses older chips inside I think
Not really outdated; it uses relatively recent Merus 12070s for Infineon, and for me personally, they sound better than the newer Merus MA5332.
The DX5 II is a sensible, compact device combining a DAC and HPA and doesn't involve many compromises, among other things, because the required power supplies are the same for both devices.
But with a DAC/amplifier combination, things are different, as you have to place the high-performance power supply and amplifier, with the corresponding interference, directly next to sensitive small-signal and digital circuits. This, in a much too small housing, significantly reduces the measured values.
If you're looking for something like that, you'll find it at SMSL, etc., e.g., the AO300, RAW-HA1 (very similar), etc. The AO300 was dropped from my setup due to its lack of transparency and strong load dependence. There are also reasons why the analog output of the DAC is rarely provided on such devices.
For this reason, I personally would prefer combinations like the E30 II (lite), D50 III, etc., with the PA5 II, PA7, A5(se), A7(SE), etc.
A notable exception are the SABAJ A30a and SMSL VMV A2 (very similar in design), although they are digital from start to finish and also have a certain size.
That doesn't mean that Topping isn't working on such a compact device combining a DAC and speaker amplifier, or that it won't release one in the future.
But the market for such a device is many times smaller than for the DX5 II, and therefore a much greater risk for Topping. The market doesn't need another second- or third-class device with many limitations in this area, because there are already dozens of them.
A reasonable price is also important so that a certain volume can be sold; otherwise the device wouldn't be profitable.
Devices like a combination of the E30 II Lite and PA5 II, or the D50 III and PA7, or even the DX5 II with PA5 II or PA7 would certainly be interesting.
Especially if Topping provides additional preamp and subwoofer outputs with DSP-based high- and low-pass filters, in addition to the PEQ.