Digital-to-analog conversion circuit, digital-to-analog conversion method, display apparatus are disclosed. Digital-to-analog conversion circuit may comprise: voltage dividing sub-circuit comprising M voltage dividing signal terminals; decoding sub-circuit comprising M input and output terminals, M input terminals electrically coupled to first to Mth voltage dividing signal terminals of voltage dividing sub-circuit respectively, decoding sub-circuit configured to receive digital signal and select one of M input terminals to be electrically connected with output terminal according to digital signal; amplification sub-circuit comprising input and output terminals, input terminal of amplification sub-circuit electrically coupled to output terminal of decoding sub-circuit, amplification sub-circuit configured to amplify signal at its input terminal, output analog gray-scale voltage at output terminal, voltage dividing signal at voltage dividing signal terminal is less than or equal to ½ of maximum load voltage at output terminal of digital-to-analog conversion circuit, amplification sub-circuit has amplification coefficient N greater than or equal to 2.