The invention relates to ointment for treating skin ulceration, burns and scalds. The ointment is prepared from raw materials in parts by weight as follows: 1 part of synthetic musk, 10 parts of pearls, 10 parts of frankincense, 5 parts of crocus sativus, 1 part of borneol, 20 parts of dragon bone, 5 parts of fritillaria cirrhosa, 20 parts of talc, 10 parts of myrrh, 10 parts of dragon's blood, 5parts of cortex phellodendri amurensis, 5 parts of semen strychni, 5 parts of raw rhizoma arisaematis and 5 parts of elephant hide. Various common wounds can be treated and cured, the ointment has wide application range, can rapidly promote growth of wound granulation of long-term unhealed deep skin tissue ulcer, is high in wound healing speed and cure rate and is convenient to apply, healed epidermis is soft and good in elasticity, the scar remaining rate is low and the medicine changing pain is small.