The invention discloses a polyurethane resin compound ink and preparation method thereof, comprising polyurethane resin, chloride-vinyl acetate resin, solvent, dye and dispersing auxiliary, wherein the solvent comprises methyl benzene, butanone, isopropyl alcohol. The composition of the polyurethane resin compound ink is: polyurethane resin liquor (30% solid content) 25-40%, chloride-vinyl acetate resin 0-4%, dye 5-25%, dispersing auxiliary 0.2-0.5%, methyl benzene 0-20%, butanone 25-35%, isopropyl alcohol 5-15%. The invention provides polyurethane resin compound ink with wide application range, good thermal stability, good adhesion and no aromatics solvent, in order to conquer the lacks such as not environment protection, narrow application range and bad thermal stability.