The disclosure discloses a device for generating a precoding matrix. The device includes: a parameter calculator, a counter and an element generating module. The parameter calculator is configured to calculate, according to a first Precoding Matrix Identifier (PMI) and a second PMI, a first parameter and a second parameter used for determining a precoding matrix, and send the first parameter and the second parameter to the element generating module. The counter is configured to control the row numbers of elements in the precoding matrix that are generated by the element generating module. The element generating module is configured to generate the elements corresponding to the row numbers in the precoding matrix according to the received first parameter and second parameter and the row numbers. The disclosure also discloses a method for generating a precoding matrix, and a storage medium.