Coal-based crude oil refers to initial liquid products obtained from thermal chemical reactions, chemical engineering processes of coal, which includes coal tar, coal direct liquefaction oil, and Fischer-Tropsch oil etc. Accurately analyzing the chemical composition and characteristics of coal-based crude oil is beneficial to its fine processing, downstream industrial processing and conversion of the objective products with a product-demand-oriented mode. At the same time, an intensive study of the composition of coal-based crude oil also contributes to the improvement of coal processing techniques. However, due to the complexity of coal-based crude oil, no exact composition and content of coal-based crude oil have been reported, and there is no national or industry standard for corresponding analysis methods so far. Particularly the problem of material balance during the whole production process in the qualitative and quantitative analysis has not been solved yet. Therefore, a more precise qualitative and quantitative analysis of coal-based crude oil with material balance as a constraint, and the establishment of a comprehensive and systematic analysis method in the whole production process is still an urgent issue to be solved. The paper points out that the combination of gas chromatography and infrared spectroscopy, liquid chromatography separation and ultraviolet spectroscopy, synchronous fluorescence spectroscopy, and other spectral analysis methods can quickly obtain the content of coal-based crude oil group-components, or qualitative description of coal-based crude oil properties; Nuclear magnetic resonance spectroscopy can achieve accurate qualitative and quantitative determination of phenolic compounds; Chemical analysis is only suitable for qualitative and quantitative analysis of specific components of coal-based crude oil; Analysis and characterization combination of infrared spectroscopy, nuclear magnetic resonance spectroscopy, gel permeation chromatography and elemental analysis can systemically acquire some important structural parameters of coal-based crude oil; Chromatographic analysis can separate complex mixtures by chromatographic separation function, and use different detectors to achieve qualitative and quantitative of samples. The qualitative methods mainly use mass spectrometer, spectrometer, nuclear magnetic resonance spectrometer, etc. The quantitative methods include normalization method, internal standard method, external standard method and response factor prediction method. For the qualitative and quantitative determination of the light weight fractions of coal-based crude oil (boiling point <350℃), gas chromatography-mass spectrometry (GC-MS) technology provides the possibility of this analysis process. Especially the detection principle and quantitative method of flame ionization detector (FID) detector was reviewed at length and deduced the FID response factor prediction formula. The formula will be combined with area normalization method to establish the FID quantitative method system, and results from the standard addition recovery experiment (recovery rate is 99.07 wt%) indicate that the method system is accurate and effective, and can be widely applied to the quantitative analysis of complex organic mixtures. In the end, the key to the material balance in the whole production process lies in the prompt, accurate and large-scale quantification of complex organic compounds was pointed out. Preliminary analysis results showed that the combination of instruments, especially GC-MS/FID, would be one of the main ways to achieve qualitative and quantitative analysis of composition of light weight fractions constrained by material balance for the time being. It was inferred that the key to the qualitative and quantitative analysis of the light components of coal-based crude oil was the accurate acquisition of the response factors of each component in the complex mixture.