The invention discloses an anti-cracking waterproof high-performance asphalt cable material. The cable material is prepared from, by weight, 94-96 parts of high-density polyethylene, 15-17 parts of decabromodiphenyl ether, 7-9 parts of antimonous oxide, 2-3 parts of metallocene polyethylene, 2-3 parts of nano-magnesium hydroxide, 4-5 parts of cyclohexane, 0.2-0.3 part of gamma-aminopropyl triethoxy silane, 4-6 parts of silicon carbide, 3-4 parts of zinc oxide, 2-3 parts of graphene, 9-11 parts of asphalt, 1-1.3 parts of accelerant DM, 2-3 parts of epoxy linseed oil, 10-12 parts of ethylene-vinyl acetate copolymer and 10-13 parts of absolute ethyl alcohol. By means of a series of modification, viscosity is reduced, fluidity is improved, compatibility with a base material is improved, flame retardant master batch and anti-breakdown modified master batch are added, and therefore the cable material is higher in high-temperature stability and low-temperature crack resistance, flexible, waterproof, resistant to abrasion, economical and durable and absorbs shock.