The invention relates to a high-elastic polyvinyl chloride weather-resistant flame-retardant super-bright crystal membrane and a preparation method thereof, and belongs to the technical field of polyvinyl chloride crystal membranes. The high-elastic polyvinyl chloride weather-resistant flame-retardant super-bright crystal membrane comprises the following components in parts by mass: 100 parts of polyvinyl chloride resin, 50-80 parts of a primary plasticizer, 5-10 parts of a secondary plasticizer, 2-5 parts of a heat stabilizer, 0.1-0.5 part of an antioxidant, 0.05-0.15 part of a hand clearing agent, 0.5-1 part of a processing aid, 3-10 parts of a flame retardant, 0.005-1 part of a colorant, and 10-30 parts of modified polyvinyl chloride resin or 2-8 parts of an elasticator. The preparation method comprises the following steps: (1) preparation of a kneading material: feeding materials in a metered mode, mixing, and carrying out cold stirring for cooling; (2) plasticizing: carrying out plasticizing by using a planetary extruder; (3) calendering: carrying out calendering for preparing a membrane; (4) purifying and setting: purifying a water tank, and cooling for setting; (5) wringing and drying: wringing by using a wringing roller, and enabling the obtained product to pass through a hot roller; and (6) cooling and coiling: cooling the roller, and pressurizing for coiling. The membrane disclosed by the invention is simple in process, high in controllability, good in product transparency, good in low-temperature flexibility and resilience, smooth in high-temperature handfeel, high in mechanical properties, flame-retardant, environment-friendly, and safe.