Let me analyze this Z80 assembly code and look for potential optimizations. The code appears to be drawing lives in a game, likely handling the UI display for remaining lives.

Let's look at potential optimizations:

1. Stack Management:
- In the edited version, the final `ld hl, 14` followed by `add hl, sp` and `ld sp, hl` could be replaced with a single `add sp, 14` instruction if available in your Z80 variant
- This would save both code size and cycles

2. Parameter Loading:
- For the first function call to `_gfx_SetTextXY`, you could potentially optimize:
```assembly
ld  hl, 29
push hl
ld  l, 164
push hl
```
to:
```assembly
ld  hl, 164
push hl
ld  l, 29
push hl
```
This saves an instruction since you're reusing the h register

3. Constant Loading:
- For the `_gfx_BlitLines` call parameters, you could potentially combine some of the loads:
```assembly
ld  hl, 8
push hl
ld  de, -92
push de
ld  l, 1
push hl
```
Could potentially be optimized if these values are used frequently by keeping them in registers or memory

4. Register Usage:
- The code uses `hl` extensively - there might be opportunities to reduce register reloading by keeping common values in other registers
- The `sbc hl, hl` followed by `ld l, a` could potentially be optimized depending on how the value is used

5. Alternative Approach:
If this code is called frequently, you might consider:
- Pre-calculating common positions and storing them in memory
- Using self-modifying code for the constant values (though this would make the code non-reentrant)
- Combining multiple graphics operations if they're always called together

Would you like me to elaborate on any of these potential optimizations? Also, it would be helpful to know:
1. Which specific Z80 variant this is running on (since some instructions might be available/unavailable)
2. Whether code size or execution speed is the primary concern
3. Whether this code needs to be reentrant