This work seeks to examine visible traces of Heavenly Horse天馬 through Li Gonglin’s Five Horses｢五馬圖｣. The conclusions are summarized as follows: First, Li Gonglin’s Five Horses is a painting that consists of more than one painting of a horse. Accordingly, Five Horses is not an official work of Li Gonglin. Second, Heavenly Horse of Song Dynasties was a swift horse born in the Western Region西域 and was a term used to refer especially to the one that the emperors rode. The horses of Five Horses were tributes from foreign countries to the emperors, which were raised in the imperial palace. Therefore, Li Gonglin’s Five Horses shows the appearance of Heavenly Horses of Song Dynasties as they were. Third, Li Gonglin’s paintings made a stylistic standard, so the appearance of Heavenly Horses had no special features. Consequently, it is not false that the horses in Li Gonglin’s Five Horses are illustrations of traditional Heavenly Horse.