The invention relates to a resource recycling method of waste battery cathode materials. The resource recycling method comprises the following steps: performing high-temperature calcinating to the waste battery cathode materials so as to separate active powder in the cathode materials from aluminum foil; dissolving the obtained active powder into acid solution, and then filtering to obtain filtrate; determining the concentration of metal ions in the filtrate, and correspondingly supplementing nickel and/or cobalt and/or manganese ions into the solution, so that the molar concentration ratio of nickel, cobalt and manganese ions is 1:1:1; adding sodium hydroxide into the prepared nickel, cobalt and manganese mixture solution, and heating to lead the nickel, cobalt and manganese ions to be co-precipitated, then filtering the precipitate and washing and drying to obtain a nickel-cobalt-manganese precursor; adding sodium carbonate into the filtrate obtained in the step IV, and reacting to obtain lithium carbonate precipitate, filtering, washing and drying the lithium carbonate precipitate, to obtain lithium carbonate powder; and mixing the nickel-cobalt-manganese precursor with the lithium carbonate powder, and calcinating to obtain the lithium nickel cobalt manganese cathode materials. A ternary cathode material is prepared by resource recycling ofvarious battery materials, and batteries produced from the ternary cathode material are lower in cost, higher in electric capacity and better in performance compared with single cobalt-lithium batteries, manganese-lithium batteries and nickel-lithium batteries.