The invention discloses a heat-shrinkable heat-conducting cable accessory, comprising the following components in parts by weight: 100 parts of ethylene and copolymer thereof, 0-25 parts of fire retardant, 0-80 parts of packing, 0.5-2.5 parts of light stabilizer, 0-6 parts of antioxidant, 1.5-6 parts of lubricating agent, 0-10 parts of coloring agent, 1-8 parts of coupling agent, 0-10 parts of modifier, 0-5 parts of crosslinking agent and 1-30 parts of heat-conducting material. The heat-shrinkable heat-conducting cable accessory disclosed by the invention has good thermal conductivity and insulativity, especially the campsite heat-conducting material and other components such as ethylene and the copolymer thereof and the like are stacked to form a cross network, so that effective heat conduction can be carried out, the heat-conducting coefficient can be up to 3.305-4.867w/m.k, the volume resistivity can be ensured at 10<15>ohm*cm, the insulating effect of the cable accessory is ensured, and the heat-conducting effect of the cable accessory can also be ensured, so as to ensure normal operation of the cable.