The invention discloses a novel machining, positioning and overturning device for hydraulic accessories, and relates to the technical field of accessory machining devices. The novel machining, positioning and overturning device comprises an annular positioning plate, and clamping plates are arranged on the front side, the rear side, the left side and the right side of the upper surface of the annular positioning plate. By arranging the annular positioning plate and arranging clamping plates, round holes, supporting rods, supporting blocks, first springs and clamping seats on the front side, the rear side, the left side and the right side of the annular positioning plate, when an electric push rod retracts, the moving end of the electric push rod can pull four first connecting steel wire ropes to move downwards; the top ends of the four first connecting steel wire ropes pull the opposite ends of the four clamping plates to move downwards, at the moment, the hydraulic accessories placed on the clamping seats can be firmly clamped in the arc-shaped grooves in the clamping plates and the clamping seats, then the clamped and fixed hydraulic accessories can be machined, the multiple hydraulic accessories can be clamped and fixed at a time, clamping and positioning of a large number of hydraulic accessories can be met, and the production efficiency of the hydraulic accessories can be effectively improved.