I bought a similar 12V "car" light with a size of 82x82mm and a matrix of 4x4 LED's and it's quality is also so bat that I'm divided by starting to use it and see how long it lasts, or throwing it in the bin right away.
They appear to be supposedly be water thight, but only about 3/4 of the circumference is glued, so they are not suitable for any wet environment.
But about the power rating of an 1206 resistor...
That is not a fixed number. Those SMT resistors are too small for either radiation or convection of the heat, so that only leaves conduction through the mounting pads. And Aluminium substrate is a quite good heat conductor and heat sink.
And then, when some chinese *&^%$#@! company fully encloses the aluminium heat sink in plastic, then the Aluminium PCB becomes more of a heat spreader instead of a heat sink. Moulding "heat sink ribs" in the plastic enclosure is useless, and pretty much makes it a fake and misleading product overall.
Also, datasheets of such resistors assume mounting on an FR4 PCB and possibly amended with extra copper as a heat sink. It would be interesting to see the real temperature of those resistors (for example measured with a thermal camera).