The optimization design of micro-structure and composition is an important strategy to obtain high-performance metal-based electromagnetic (EM) wave absorption materials. In this work, ZnO/FeNi composites derived from ZnFeNi layered double hydroxides are prepared by a one-step hydrothermal method and subsequent pyrolysis process, and can be employed as an effective alternative for high-performance EM wave absorber. A series of ZnO/FeNi composites with different structures are obtained by varying the molar ratios of Zn /Fe /Ni , and the ZnO/FeNi composites with a Zn /Fe /Ni molar ratio of 6:1:3 show a hierarchical flower-like structure. Owing to the strong synergistic loss mechanism of dielectric-magnetic components and favorable structural features, this hierarchical flower-like ZnO/FeNi sample supplies the optimal EM wave absorption performance with the highest reflection loss of -52.08 dB and the widest effective absorption bandwidth of 6.56 GHz. The EM simulation further demonstrates that impedance matching plays a determining role in EM wave absorption performance. This work provides a new way for the fabrication of a high-performance metal-based EM wave absorber.