The invention relates to an SCM-5 molecular sieve and a preparation method thereof, for mainly solving the problems of porous materials of novel structures which are not related to in the prior art. By adopting the technical scheme that the SCM-5 molecular sieve is prepared from the following chemical components in a mole ratio: xO2 and nY2O3, wherein X is silicon or germanium, Y is at least one of the elements such as aluminum, boron, gallium and iron, n is greater than or equal to 0.0 and less than or equal to 0.40, the interplanar spacing of the SCM-5 molecular sieve has maximum values of X-ray diffraction peaks when d is equal to 11.20+ / -1.0., 7.35+ / -0.20., 5.50+ / -0.15., 3.60+ / -0.10. and 3.39+ / -0.04., the technical problem is relatively well solved, and the prepared SCM-5 molecular sieve has a relatively good application prospect in catalytic cracking of heavy oil and isomerization of organic molecules.