I'm trying to watch via analog composite on SDTV, but I get no audio (video is perfect, subtitles work).
Unfortunately, the GXBB SoC (S905) does not have an internal stereo audio DAC, so it needs an external I2S DAC chip for analog audio output. I admit that I did not test it much because my WeTek Hub and Odroid C2 do not have analog audio output, my WP2 has a faulty audio part, and my KI Plus is also broken.
The last chance is my Videostrong KII Pro, which is equipped with an S905. I will try to check this weekend to see if it has analog sound output.
If you have disassembled your box before, do you have a good quality photo of the PCB in the box? It would be good to know what DAC chip is in it. (But, if the box has not been opened yet, do not disassemble it just for that reason.)
Edit: I tested the analog audio output on my KII Pro and it works perfectly. The DAC chip in this box is ES7134LV.
(I think I have never had so many things connected to this box at once.)

However, the fact that I haven't experienced the issue you describe makes it a bit more difficult... 
Question #1:
Is it just the videos that have no sound, or are the system sounds missing as well?
Question #2:
Are you sure everything is set to default?
I mean, the selected output is analog, audio passthrough is disabled and the number of channels is limited to 2?