Apparatus for preparing alloy sheet, comprising a container for melted alloy liquid positioned in an inductive heating coil; a liquid flow stabilization outfit comprising a barrel container with open bottom and a base board arranged below the open bottom, and the barrel container's upper part being positioned below the mouth of the container for melted alloy liquid; a quenching wheel positioned below the melted alloy liquid flown from the liquid flow stabilization outfit's base board, which carries the melted alloy liquid and spins it into strips, to make the strips become alloy sheets after collision; a transferring outfit positioned below the wheel for further cooling and transferring of the alloy sheets, wherein the quenching wheel is equipped with a means for differentiating cooling rate for various alloy sheets. The magnetic material made of these alloy sheets is good in orientation, easy for post-sinter processing, and suitable for mass production.