The invention provides a novel ratchet wrench for an insulating rod operating method and relates to the field of power distribution. The novel ratchet wrench comprises a wrench body of which the top is provided with a ratchet mechanism, a sleeve connector is mounted in the center of the ratchet mechanism, and the outer side of the ratchet mechanism is coaxially sleeved with a rotating force arm. One end of the rotating force arm is connected with the wrench body through a reset spring, and an insulating rope is mounted at the other end of the rotating force arm. According to the novel ratchetwrench, the ratchet mechanism is adopted, the rotating force arm is additionally arranged under the premise that the bolt torque is ensured, a lever mechanism is innovated, the size is small, flexibleand convenient effects are achieved, fastening work of bolts and the like can be completed only through vertical pulling in operation, the defect that as for a traditional wrench, twisting is strenuous or large-amplitude moving is needed is overcome, the time and labor are saved, and the work efficiency of electrified operation of the insulating rod operating method is effectively improved.