The invention discloses a display baseplate, a manufacturing method thereof and a display device and relates to the technical field of display. The display baseplate is used for improving image display quality of the display device. The display baseplate comprises a substrate baseplate and a graphic black matrix, the substrate baseplate is provided with a groove, the black matrix is positioned in the groove, and the surface, corresponding to an opening the groove, of the black matrix is flush with the surface of a plane where the opening of the groove in the substrate baseplate is positioned. In the display baseplate, the substrate baseplate is provided with the groove, the black matrix is positioned in the groove, and the surface, corresponding to the opening the groove, of the black matrix is flush with the surface of the plane where the opening of the groove in the substrate baseplate is positioned, so that section difference of areas in functional coatings formed in subsequent processes is small, section difference among the functional coatings corresponding to different pixels, and image display quality of the display device can be improved. The display baseplate is applied in the display device.