The invention provides an electronic cigarette tobacco extract without sweet greasy taste and an electronic liquid. The tobacco extract and the electronic liquid are characterized in that the electronic cigarette tobacco extract without sweet greasy taste is prepared through the following steps: amino acid or amino compounds are added to tobacco raw materials, the mixture is baked at a high temperature for a certain period of time, the content of saccharides in the tobacco is reduced, and aroma substances are produced; then a solvent extraction method is adopted for extraction, and a tobacco extract is prepared; the extract is redissolved by ethanol, frozen and dewaxed, and absolute oil which is the electronic cigarette tobacco extract without sweet greasy taste is obtained; the absolute oil is diluted by propylene glycol, glycerol or other mixed solvent, and the electronic liquid without sweet greasy taste is obtained and can be used independently or used after blending with other perfume. The tobacco extract has no sweet greasy taste and has sufficient and full tobacco aroma as well as pure and comfortable taste when used, so that the aroma and the taste of the electronic cigarette are more similar to those of a cigarette, and the requirements of consumers are met better.