Lets sort this out by the facts.
Lossless files can be 16/44.1, 16/48, 24/48, 24/96, 24/192. The Z3's built in DAC won't support 24/192 but it could output to an outboard DAC to play, internally it will sample it to 24/96. In fact after Android 5.0 it outputs everything at that sample rate and...