The invention relates to a figured sea-island ultrafine fiber, a preparing method and a process method of synthetic leather of the figured sea-island ultrafine fiber. The figured sea-island ultrafine fiber consists of a sea ingredient and an island ingredient, wherein the fiber degree of the figured sea-island ultrafine fiber is 3 to 8 deniers, in addition, the sea ingredient is low-density polyethylene, polyethylene, polystyrene, polypropylene, polylactic acid or vinol, the island ingredient is polycaprolactam, polyamide or polyester, the mass ratio of the island ingredient to the sea ingredient is 70/30 to 75/25, the density of the low-density polyethylene is between 0.915 g/cm<3> to 0.940g/cm<3>, and the melt index is 5.0+/- 0.7g/min, and the relative viscosity of the polycaprolactam is 2.80 +/- 0.04 Eta* gamma. The figured sea-island ultrafine fiber can be widely used for being made into shoes, sofas, garment leather, case and bag leather and leather for furniture and indoor decoration.