This paper interprets the story deduction information contained in the Folk-Picture of White Snake Story from the perspective of image and story intertextuality. 6 full-text Folk-pictures of White Snake Story are divided into two categories: Gongjian, and Sancai genres of Folk-Picture have different units and ways of connecting stories. In this way, even if the story is roughly the same, it can bring different “reading” enjoyment. The Sancai of story comic books are practical and relatively close to the Chinese folk rap text. With the help of some scenes, we can judge which kind of story text the original is. However, because White Snake story has a rich form of popular literature, it is very difficult to determine which script the folk painter draws from. The deductive features of Folk-Picture can be interpreted according to some unfamiliar and common plots in the pictures. This paper points out that story Folk-Picture are not simply pictorial texts, but a kind of story telling relying on oral inheritance. For story study, the rich White Snake story Folk-Pictures are a treasury to be developed.