The invention discloses a heat-insulation fireproof water-based paint. The invention is characterized in that the paint is prepared from the following raw materials in parts by weight: 20-25 parts of silicone-acrylic emulsion, 1-2 parts of aluminum potassium sulfate, 1-2 parts of polyethyleneglycol, 2-4 parts of barite powder, 14-18 parts of silica sol, 20-25 parts of water-based polyurethane, 0.3-0.5 part of sodium caseinate, 2-4 parts of propanediol tert-butyl ether, 1-2 parts of benzotriazole, 1-2 parts of dioctyl adipate, 0.2-0.4 part of mineral oil defoaming agent, 1-2 parts of aluminum tripolyphosphate, 1-2 parts of potassium methylsilanolate, 2-3 parts of borax, 2-3 parts of water glass, 1-2 parts of trisodium phosphate, 2-3 parts of pulverized asbestos, 7-9 parts of heat-insulation slurry, 2-3 parts of carbon fiber and 14-20 parts of deionized water. The paint has excellent fire resistance, heat-insulation property, aging resistance, water resistance and the like. The added silica sol enhances the hardness and wear resistance of the paint film. By using the safe and nontoxic raw materials and using water as the diluter, the paint has the advantages of low cost and low VOC (volatile organic compound) value, is free of heavy metals and benzene organic solvents, is convenient for construction and application and harmless to the body of the workers, has wide application range, and is worthy of popularization.