The structural security of civil energy equipment is significant for the steady operation of power supply system, and porcelain bushing type terminal is a typical energy equipment that needs long-term monitoring. As a nondestructive structural health monitoring method, ultrasonic guided wave (UGW) technology is extremely suitable for state detection of energy equipment. However, most current UGW methods still need to manually select the guided wave features, which rely heavily on the guidance of expert experience. This article presents a deep-learning method to directly utilize original-guided wave signals to quantitatively detect the liquid-level state. Firstly, the original signals were fed into convolutional autoencoder (CAE) to catch the low-dimension representation and realize the automatic feature extraction. Then, the low-dimension representations were orderly input into the long short-term memory (LSTM) recurrent neural network for liquidlevel regression. In feature extraction step, CAE method can effectively extract the useful features and remove the interference and signal distortion. In regression step, both the accuracy and the robustness of proposed method are better than backpropagation network and convolutional neural network. Experimental results show that proposed CAE-LSTM method can accurately inspect the liquid level by original signals and implement maintenance monitoring.