The invention discloses a method for synchronous extraction of grease and a protein peptide from shiny-leaved yellowhorn, and belongs to the technical field of plant grease and protein processing. The method includes the following steps: (1) peeling shiny-leaved yellowhorn, then crushing, and next carrying out vacuum extrusion expanding treatment, to obtain an expanded product; (2) adding water in the expanded product and mixing, then adding protease, carrying out magnetic field strengthening enzymolysis, and after enzymolysis, carrying out centrifugal separation to obtain free oil, a hydrolysate, an emulsion and residues; (3) mixing the emulsion with water, then adding phospholipase, carrying out ultrasonic enzymolysis demulsification, and after demulsification, carrying out centrifugal separation to obtain free oil and a hydrolysate; (4) merging the hydrolysates, then adjusting a pH to be neutral, then successively carrying out ultrafiltration treatment and nanofiltration treatment, and carrying out spray drying of the filtrate to obtain a protein peptide powder; and (5) washing the residues, carrying out vacuum drying, and crushing to obtain an animal feed. The shiny-leaved yellowhorn oil prepared by the method has high extraction rate and good quality, and the shiny-leaved yellowhorn protein peptide having high purity and strong activity also can be obtained at the same time and can be applied to industrial production with certain scale.