An organic electroluminescent device comprises an anode, a hole injection layer, a hole transport layer, a light emitting layer, an electron transport layer, an electron injection layer, and a cathode, all of which are sequentially stacked. The cathode layer is composed of a film layer, a zinc compound doped layer, and a metal sulfide layer. The film layer is made of at least one material selected from an indium tin oxide target, an aluminum zinc oxide target, and an indium zinc oxide target. The zinc compound doped layer includes a zinc compound and a hole injection material doped in the zinc compound, wherein the zinc compound includes at least one selected from zinc oxide, zinc sulfide, zinc selenide, and zinc chloride. The metal sulfide layer includes at least one material selected from zinc sulfide, cadmium sulfide, magnesium sulfate and copper sulfide. The organic electroluminescent device has high luminous efficiency. The invention further provides a method for preparing the organic electroluminescent device.