A
lipstick and a preparation method therefor. The
lipstick comprises, by
mass percentage, 51%-78% of an
oil phase; 20%-40% of an aqueous phase; 0-5% of an active substance; 1%-12% of an emulsifying composition; and 1%-5% of an emulsifying-enhancing composition. The emulsifying composition comprises lauryl PEG-9 polydimethylsiloxyethyl dimethicone, caprylic / capric
triglyceride, polyglycerol-3 oleate, and
polyhydroxystearic acid. The emulsifying-enhancing composition comprises a Rhus succedanea fruit
wax and
sorbitan olivate. The
lipstick has a high water phase content, so that this lipstick offers excellent hydrating feel and
moisture retention property, along with a uniform and fine texture.