The invention relates to a red barnyard grass biscuit with the effects of restoring deficiency and tonifying qi and a preparation method thereof. The red barnyard grass biscuit comprises the followingraw materials by weight: 30-50 parts of red barnyard grass flour, 50-70 parts of low gluten wheat flour, 5-15 parts of red yeast rice powder, 30-60 parts of red jujube powder, 5-15 parts of longan powder, 5-15 parts of medlar powder, 30-60 parts of black bone chicken powder, 2-8 parts of ferrous fumarate diluted powder, 10-30 parts of brown sugar, 20-40 parts of white sugar powder, 1-5 parts of dried ginger powder, 10-30 parts of fresh ginger powder, 30-50 parts of egg liquid, 1-5 parts of baking soda, 0.1-0.5 part of soybean phospholipid, 1-5 parts of milk powder, 60-90 parts of palm oil and0.5-2 parts of salt. The red barnyard grass biscuit prepared by the method is prepared by selecting the homological medicine and food, has chewing feeling and rich aroma, combines the cate function of the food with the medical health care function, conforms to the concept of health food, is convenient to carry and eat, has a good industrial market, and is suitable for promotion and application.