The present invention relates to a long-lasting powder essence composition with improved coloring and skin feeling and its preparation method. The powder essence composition is a high-fitting coloring powder not likely to smear or wear off. The composition turns into liquid the moment it is rubbed on the skin to offer a natural color tone like water color, keeps the color clear without getting cakey even when it is reapplied multiple times, and delivers a clearer color as it glides on the skin to break powder and water particles. The powder essence composition according to the present invention is also a powder emulsion, which makes the skin feel light and hydrated rather than sticky or stuffy when applied to the skin and stays long due to its water-resistant function. In addition, the powder essence composition according to the present invention contains different functional moisturizing agents to provide plenty of nourishment when applied to the skin. The composition makes the skin feel fresh and hydrated rather than stuffy or heavy, lightly sinks into the skin like nothing is applied on the skin, to display a strong tint function, stays long just with one touch and has a good water-resistant effect, so it does not bleed when in contact with water.