I launched a local server with the newest snapshot's server jar.
I connected locally and upon entry into this new world I pulled up the debug screen and found the SH O and SH ML values were not all what they should be
I created a single player world and the SH O and SH ML values are correct.
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Please check if that's still an issue for you in the latest 1.16.5 stable release or the latest 1.17 development snapshot.