The invention discloses a bi-directional dual-input SEPIC direct-current converter and a power distribution method of the bi-directional dual-input SEPIC direct-current converter. The bi-directional dual-input SEPIC direct-current converter comprises a first SEPIC pulse current source unit, a second SEPIC pulse current source unit and an output filter circuit. The first SEPIC pulse current source unit comprises a first input direct current voltage source A, a first power switch tube M1, a second power switch tube M3, a first inductor L1, a second inductor L3 and a first capacitor C1. The second SEPIC pulse current source unit comprises a second input direct current voltage source B, a third power switch tube M2, a fourth power switch tube M4, a third inductor L2, a fourth inductor L4 and a second capacitor C2. The first SEPIC pulse current source unit and the second SEPIC pulse current source unit are connected in parallel, and the output filter circuit comprises an output filter capacitor C. The power distribution method includes power distribution and load feedback power control which are carried out on the two input direct current voltage sources. The bi-directional dual-input SEPIC direct-current converter and the power distribution method of the bi-directional dual-input SEPIC direct-current current have the advantages of being complex in circuit structure, capable of achieving boost and voltage reduction, wide in adjusting range of output voltage, capable of achieving energy feedback, small in loss, high in circuit efficiency, small in ripple in output voltage waveform and capable of being used on a large current occasion due to connection of two current sources in parallel, and an isolation transformer is not needed.