In the two first of the three parts, history is narrated from the times of the three August Rulers (Sanhuang ji 三皇紀) and the mythological Five Emperors (Wudi ji 五帝紀). The second part (Sanwang ji 三王紀) is a chronicle of the three "royal" dynasties of the Xia 夏 (21th - 17th cent. BCE), Shang 商 (17th-11th cent. BCE) and Zhou 周 (11th cent.-221 BCE). It is based on the data used in Shao Yong's 邵雍 (1011–1077) philosophical history Huangji jingshi 皇極經世, and can be said to be much more reliable than Lu Mi's 羅泌 (1131–1189) ancient history Lushi 路史.
The Huangwang daji is important because it includes information not found in other texts, yet some of these stem from apocryphal texts and are therefore not very reliable. Furthermore, the author added critical comments in an appendix. The book was printed during the Shaoding reign 紹定 (1228–1233), in a print that was reproduced by Chen Bangzhan 陳邦瞻 (d. 1623) in 1611.