Compound bow in which a cable interfering with advance of an arrow is removed to improve shooting accuracy of the arrow, to prevent the distortion of the bow, and to simply manipulate equipment of the bow. The compound bow comprises: handle having fixing portions protruding from one surface thereof; wing units coupled to both ends of the handle; rotating units rotatably coupled to free ends of the wing units, respectively, by an eccentric shaft; a bow string connected between the respective rotating units; a pulley shaft-coupled to the fixing portion of the handle; cable members each having one end connected to each rotating unit and the other end connected to the free end of each wing unit via the pulley. Optionally tensioner member may be installed on one side of each cable member and ratchet member may be installed on the respective rotating units and wing units.