The invention relates to the technical field of underground water exploitation and supplement balancing and discloses an underground same-water-pipe water pumping and recharge dual-purpose valve. The underground same-water-pipe water pumping and recharge dual-purpose valve comprises a separable annular upper valve body and an annular lower valve body, wherein a second stabilizing frame is installed in the annular lower valve body, the middle part of the second stabilizing frame is provided with a through hole, a valve stem corresponding to the through hole is arranged in the through hole, a valve clack is arranged at the bottom end of the valve stem, a compression spring is arranged between the valve clack and the second stabilizing frame, the compression spring is sheathed on the valve stem, a valve seat is arranged at the bottom end of the annular lower valve body, the valve seat is provided with a water feeding port corresponding to the valve clack, a first stabilizing frame is arranged at the top end of the valve stem, a valve ring corresponding to the inner wall of the annular upper valve body is installed on one surface, close to a first upper opening, of the first stabilizing frame, and a water outlet is formed in the inner wall, close to the first upper opening, of the annular upper valve body. The underground same-water-pipe water pumping and recharge dual-purpose valve has the beneficial effects that same-well same-water-pipe underground water pumping and recharge can be realized through the effects of hydraulic power and the compression spring, the space is saved and the operation is convenient to conduct.