The invention provides a fetal monitoring device and terminal equipment. The device comprises a data receiving module, a data processing module and a result output module, wherein the data receiving module, from maternal-fetal Doppler flow parameters, is used for receiving a first PI value of fetal middle cerebral artery, a PSV value of the middle cerebral artery, a second PI value of umbilical artery and spectrum characteristics of the umbilical artery, and the data receiving module is used for receiving a VPI value of fetal venous catheter and spectrum characteristics of the venous catheter; the data processing module is used for determining reference information representing a fetal status according to the first PI value and the PSV value, the second PI value and the spectrum characteristics of the umbilical artery, the VPI value and the spectrum characteristics of the venous catheter; and the result output module is used for outputting the reference information onto a user interface. Through the technical scheme disclosed by the invention, the classification for the fetal status can be achieved through the reference information, and the trends of fetal-placental circulation and fetal circulation, which continuously vary along with gestational weeks, can be dynamically observed, so that the credibility of fetal monitoring is improved.