The embodiment of the present disclosure provides a time code synchronization method, which includes following steps of: determining a target master node and one or more target slave nodes of a network system among the plurality of nodes; periodically sending a data packet to the one or more target slave nodes by the target master node, wherein the data packet includes a first time code and serial number information of the target master node; compensating the first time code according to the serial number information to obtain a second time code, and synchronizing the second time code by the one or more target slave nodes.