The invention relates to a composite ointment used for rapid wound heal and a preparation method thereof. The composite ointment is prepared from following raw materials by weight: 5-20% of resina draconis, 20-60% of a traditional Chinese medicine mixture extraction product, 1-10% of mupirocin, 1-7% of borneol, 10-30% of aloe gel and 5-15% of polyethylene glycol. The traditional Chinese medicine mixture extraction product is prepared by mixing 4-10 parts by weight of pangolin scale, 4-10 parts by weight of garden burnet, 3-7 parts by weight of Chinese angelica, 3-7 parts by weight of radix angelicae, 4-10 parts by weight of arnebia root, 4-10 parts by weight of frankincense, 3-7 parts by weight of myrrh, 4-10 parts by weight of rhizoma picrorhizae, 4-10 parts by weight of sophora flower bud, 4-10 parts by weight of resina draconis, 3-7 parts by weight of cape jasmine fruit and 3-7 parts by weight of rheum officinale, extracting, and concentrating. The composite ointment has functions of promoting blood circulation to remove stasis, arresting pain, stopping bleeding, healing sore, promoting tissue regeneration, expelling the putrefied materials, diminishing inflammation, expelling swell, detoxicating, and the like, is capable of promoting rapid wound heal, and is suitable for pressure sores, diabrosis, erosion, slough, friction burn, eczema, burn, and other symptoms.