The invention discloses an axial flow magnetic suspension permanent magnet hydro-generator. The axial flow magnetic suspension permanent magnet hydro-generator comprises a volute, a rotor shaft, a left suspension magnetic bearing, a right suspension magnetic bearing, a left limiting assembly, a right limiting assembly, a hydro-generator set, a first flow guiding assembly and a second flow guiding assembly, wherein the volute is provided with a water inlet; the rotor shaft is arranged in the volute and the rotor shaft and the volute are provided with the same axis; the left suspension magnetic bearing and the right suspension magnetic bearing are arranged in the volute and the left suspension magnetic bearing, the right suspension magnetic bearing and the volute are provided with the same axis; the left limiting assembly and the right limiting assembly are arranged at the two ends of the volute correspondingly and used for axially limiting the rotor shaft; the hydro-generator set is arranged on the rotor shaft; the first flow guiding assembly is arranged in the volute and used for guiding entered water to the hydro-generator set; and the second flow guiding assembly is used for guiding water in a cavity out of the two ends of the volute. The two ends of the rotor shaft are arranged in the left suspension magnetic bearing and the right suspension magnetic bearing in a penetrating mode correspondingly and always suspended on the axis of the volute and not eccentric under the radial repulsive force action of the left suspension magnetic bearing and the right suspension magnetic bearing. The two ends of the rotor shaft abut against the left limiting assembly and the right limiting assembly correspondingly. The axial flow magnetic suspension permanent magnet hydro-generator is simple in structure and high in power generating efficiency.