The invention relates to a method for simultaneously extracting and separating glycyrrhizic acid and glycyrrhiza flavonoids of glycyrrhiza based on continuous chromatography and belongs to the field of natural medicine extraction. Radix glycyrrhizae is smashed and then undergoes extraction by ammonia and alcohol, continuous chromatographic adsorption, ethanol eluting 1, combined spin, polyamide adsorption, ethanol eluting 2 and rotary drying to obtain glycyrrhiza flavonoids; NaOH aqueous solution elution, pH adjustment, spin drying, filtering drying and recrystallization are performed to obtain glycyrrhizic acid. A production device adopted for the method is a continuous chromatographic separation system which is controlled under a logic control valve and is composed of 12 chromatographic columns, and the chromatographic column in the system is divided into four areas which are an adsorption area, a flavonoid analysis area, a glycyrrhizic acid analysis area and a resin regeneration area. The production process is simple to operate, the glycyrrhizic acid and glycyrrhiza flavonoids can be extracted simultaneously, waste of the glycyrrhiza flavonoids in conventional industrial production is reduced, the acid liquor pollution is avoided, so that the yield and purity of the obtained glycyrrhizic acid and glycyrrhiza flavonoids are high, and the method can be suitable for large-scale production.