The invention discloses a multifunctional compound decorative board, which includes a decoration surface, a gluing layer, a plate bottom and a functional material and is characterized in that the decoration surface and the plate bottom are compounded with one or more functional materials (the various functional materials can be mutually overlapped, covered, permeated or mixed); the decoration surface is bonded on the plate bottom and the plate bottom is bonded on the functional material; the functional material can be selected from heat insulating material, sound-proof material, vibration isolation material, damping material, hazardous material or gasses adsorption material, beneficial matters releasing material, flame retardant and fireproof material, sound absorbing material, moisture absorption and moistureproof material, etc., therefore, a compound multifunctional heat-insulating, sound-insulating, vibration-isolating, noise-absorbing, environment-protective, flame-retardant, fire-fighting, moisture-absorbing and moistureproof decorative board can be produced.