This invention relates to a panel dreg-free emulsified asphalt-cement mortar used in orbits, its manufacturing method and an application including cement, mixed materials, emulsified asphalt, sand, water, polymer latex, defoaming agent, Al powder, an air entrainer and a regulator, which solves the problem of short working time, poor adaptability to temperature, easy separation, hard expansion after 24 hours of injection of the present emulsified asphalt-cement mortar and provides a panel dreg-free emulsified asphalt-cement mortar working long, well suitable to temperature, hard separated, easily expanding, low cost and raw materials are got easily.