The invention relates to a compound Chinese medicinal preparation for treating depression. The compound Chinese medicinal preparation comprises the following Chinese medicinal raw materials in weight by percentage: 8-12 percent of root of Chinese thorowax, 8-12 percent of white paeony root, 10-14 percent of tuckahoe, 8-12 percent of angelica, 10-14 percent of pinellia ternate, 8-12 percent of officinal magnolia bark, 8-12 percent of acorus gramineus, 8-12 percent of turmeric root tuber, 13-17 percent of dragon bone, 13-17 percent of oyster and 5-7 percent of liquoric root. A preparation method of the compound Chinese medicinal preparation comprises the following steps of: cleaning the 11 medicinal materials; mixing in proportion; adding water in an amount which is 6-8 times the total weight of the medicinal materials or ethanol in an amount which is 70 percent of the volume ratio to decoct for 3 times, 50 minutes each time; combining decoction for 3 times; filtering; and concentrating to obtain liquid extract with specific gravity of 1.17 at the temperature of 60 DEG C. By adopting the conventional reparation process, the preparation can be prepared into any one pharmaceutically said formulation, such as tablets, capsules, granules, oral liquid, pills and syrup. The compound Chinese medicinal preparation for treating the depression prepared by the invention has the advantages of obvious curative effect, quick response and no adverse effect, and is suitable to be clinically applied and promoted.