The invention belongs to the technical field of 
microwave absorbing material, and more particularly relates to a preparation method of high-performance wave-absorbing composite 
powder, comprising thesteps of: respectively adding 
distilled water into soluble 
metal nitrate, 
ferric nitrate and 
citric acid for dissolving, and then mixing the water solutions to prepare a precursor; dripping 
ammonia water solution to adjust the pH value of the 
mixed solution to be neutral; putting the solution into water bath with the temperature of 70-90 DEG C to be stirred, adding inorganic 
porous medium and modifying agent in the stirring process, stirring until the liquid is sticky 
colloid; 
drying the prepared colloidal 
sol for 7.5-8.5h at the temperature of 115-125 DEG C, and obtaining dried gel; putting the gel into a 
muffle furnace for calcining, heating up to 850 DEG C, preserving the temperature for 1-2h, naturally and slowly cooling, and obtaining ferrite composite 
powder; and finally, mixing thecomposite power and 
carbonyl iron powder, and then obtaining the needed product. The stoichiometric proportion among the 
nitrate, the 
ferric nitrate and the 
citric acid is 1: 12: 19 or 1: 2: 4, the ratio between the theoretical value of the ferrite and the 
mass of the modifying agent is 1: 0.1-1:0.05, the ratio between the theoretical value of the ferrite and the 
mass of the 
porous medium is 1: 0.2-1: 5, and the 
mass ratio between ferrite-
porous medium composite power and the 
carbonyl iron powder is 1: 0.2-1: 5. Compared with the traditional product, the wave-absorbing powder improves the wave-absorbing performance, and has good covering effect and a certain function of heat insulation. Therefore, the method can be used for preparing building wave-absorbing paint.