The invention discloses water-base scaling powder and a preparation method and application thereof. The water-base scaling powder is prepared from, by mass, 2.0-4.% of water-soluble rosin resin, 4.5-7.0% of formulated organic acid, 0.1-0.4% of formulated surfactant, 4-8% of organic solvent, 0.1-0.3% of other additives and the balance deionized water. On one hand, the water-base scaling powder is completely suitable for a wave-soldering welding technology, and has the advantages that the weldability is high, the tin penetration property is excellent, postwelding residues are few on the plate surface, the surface insulation resistance is extremely high and the water-base scaling powder is easy to clean; on the other hand, the water-base scaling powder is mild in smell, and in the welding process, the scaling powder is low in smog, high in wettability, free of flashing point and safe to use, and the affinity of the scaling powder is good for water. The preparation method is environmentally friendly and safe, harmless to human body and free of flashing point, the technological conditions are easy to control, and the properties of the prepared water-base scaling powder are stable.