Fe-Cu-Nb-Si-B nono-composite flakes have been coated with spinel ferrite NiFe 2 O 4 by a low-temperature chemical deposition. Compared to the uncoated alloy flakes, the complex permittivity of coated flakes decreases dramatically, while the permeability decreases to some extent. Such a large decrease of the complex permittivity has been studied by investigating the microstructure of the coated flakes. Furthermore, it is believed that such coating treatments result in a better impedance matching. For coated flakes, the reflection losses (less than -10 dB) can be achieved within 0.7 ~ 4.8 GHz for a composite with the thicknesses varying between 1.95 and 10 mm. However, for composites containing uncoated flakes, their reflection losses (RL) values almost cannot be less than -10 dB. Moreover, the matching characteristics have been compared for both kinds of flakes. The obvious enhancement in microwave absorption properties of the coated flakes can be attributed to the improvement in impedance matching.