The invention discloses a coconut milk Qingbuliang and a preparation method thereof. The coconut milk Qingbuliang is prepared from the following raw materials by weight percent: 6-8% of coconut fiber fruits, 0.5-0.8% of wheat kernels, 3-5% of corn, 0.5-0.8% of sago, 0.5-1% of oat, 0.5-0.8% of ormosia, 5-10% of honey, 0.1-0.2% of an emulsion stabilizer and the balance of coconut milk, wherein the emulsion stabilizer comprises sodium caseinate, glycerin monostearate, sucrose fatty acid ester and sodium carboxymethylcellulose; and the coconut milk is prepared from coconut meat and purified water at a mass ratio of 1:(1-2). According to the invention, a gradient homogenizing method is adopted for guaranteeing a better homogenizing effect of a coconut milk mixed solution and higher stability of homogenized emulsion. The prepared coconut milk Qingbuliang has the characteristics of milk white color, thick coconut fragrance, smooth taste, flavor of fresh sold coconut milk Qingbuliang, difficulty in infecting bacteria, no suspension, no impurity, few damaged nutritional ingredients and longer shelf life.