Burn severity assessment is critical for understanding the pattern of post-fire vegetation recovery and ecosystem resilience. Previous studies proposed various field criteria (e.g., Composite Burn Index (CBI)) to quantify burn severity from strata level to total site level, yet suffering from surveyors' subjective interpretation across site conditions. High-resolution passive remote sensing allows for more objective assessment based on the strong relation between fire damages and spectral features. Importantly, burn severity generally characterizes differences between forest overstory and understory layers due to their discrepancies in vegetation structures and environmental conditions. Spatially explicit mapping of strata-level burn severity is vital for post-fire forest management and ecological function evaluation. Until now, almost no available spaceborne remote sensing method can concurrently assess overstory and understory burn severity over heterogeneous forests. In this study, we proposed a Hybrid Composite Burn Index (HCBI) that comprehensively indicates the fire-induced spectral and structural changes along the vertical profile by integrating spectral and waveform attributes from both active and passive remote sensing data. Firstly, we introduced two remote sensing-based rating factors namely relative spectral change (RSC) and relative waveform change (RWC), and established HCBI through weighting and scoring the rating factors. Subsequently, we evaluated the effectiveness and generality of overstory, understory, and total site HCBI based on various pairs of simulated remote sensing data of pre-fire and post-fire forest scenes. Thirdly, we derived the spatially discontinuous maps of overstory, understory, and total site HCBI of the Xiushan fire site in Great Xing'an Mountain using WorldView-2 (WV-2) multispectral imagery and Global Ecosystem Dynamics Investigation (GEDI) full-waveform LiDAR data. Finally, we produced wall-to-wall HCBI maps using multiple predictive variables from pre-fire and post-fire Sentinel-2 MultiSpectral Instrument (MSI) images with a Random Forest (RF) algorithm. The predicted overstory, understory, and total site HCBI were validated by field-surveyed CBI. The assessment results based on simulation data showed HCBI was sensitive to the fire damage regardless of burn severity levels and vegetation cover levels (R2 of larger than 0.97 and RMSE of <0.15). The prediction results based on RF models achieved reliable HCBI of the total site, overstory, and understory levels (R2 of around 0.85 and RMSE of around 0.30). We found the wall-to-wall maps of HCBI captured the subtle horizontal and vertical variation even in the case of understory burn alone. We concluded that the newly proposed HCBI can advance the remote sensing-based assessment of stratified burn severity, offering opportunities for making fine-scale forest management decisions.